$556M in spot Bitcoin ETF inflows signals major shift in investor sentiment
Bitcoin ETFs see record daily inflows as institutional investors drive adoption and BTC’s ongoing price surge.
Spot Bitcoin exchange-traded funds (ETFs) in the United States witnessed their most significant single-day inflows in over 120 days on Oct. 14.
With more than half a billion dollars pouring into the funds, Bitcoin’s (BTC) price topped $67,800 — its highest in more than three months.
ETF Store president Nate Geraci described the event as a landmark day for spot BTC ETFs, noting that they were approaching $20 billion in net inflows over the previous 10 months.
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Author: Shiraz Jagati
