Bitcoin ETF Inflows Surge Amid Market Optimism
Bitcoin ETFs are seeing a renewed wave of institutional inflows this week as confidence in the crypto market grows. BlackRock's Bitcoin ETF reported its largest daily inflow since April, adding over $600 million in assets under management. Analysts attribute this surge to expectations of interest rate cuts by the U.S. Federal Reserve and growing mainstream adoption of blockchain-based financial instruments. Bitcoin is currently trading near $68,000, up 4.2% over the past 24 hours.
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