CandleFocus Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July
2024-10-18
Author: Content Editor
Investors are rushing to invest in exchange-traded products (ETPs) tied to Bitcoin as the cryptocurrency experiences a price surge. In the past seven days, Bitcoin ETPs have seen a net inflow of 25,675 BTC ($1.74 billion), the largest since July. The total inflow for Bitcoin ETPs since October 14 is approximately $1.9 billion (21,450 BTC). Ether (ETH) also saw a significant inflow of $48.4 million on October 17, the largest since September 27. Overall, this suggests growing investor interest in cryptocurrencies and their investment products.
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