U.S. ETF Inflows Hit $4.7B Over 6 Days as Bitcoin Becomes 7th-Largest Asset in the World
Submitted by Anonymous (not verified) on Thu, 11/14/2024 - 14:30Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
A notable 65% of the survey respondents are bullish long-term, with 63% mulling more allocation to digital assets in the next three to six months.<
The rapid growth of BlackRock's Bitcoin ETF highlights increasing institutional acceptance and could drive further mainstream crypto adoption.
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.
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