randomm

Bitcoin ETFs Take in $1 Billion as BTC Price Nears $100,000

As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.

Bitcoin exchange-traded funds (ETFs) recorded near-record inflows yesterday of over $1 billion, as Bitcoin's price neared the $100,000 milestone for the first time amid volatile trading conditions.

The huge inflows come after options trading on BlackRock’s spot Bitcoin ETF kicked off on November 19, following the Securities and Exchange Commission's (SEC) approval of the listing of options for spot Bitcoin ETFs last month.

Bitcoin ETFs Take in $1 Billion as BTC Price Nears $100,000

As the price of Bitcoin approaches $100,000, Blackrock and Fidelity ETFs gobbled up the vast majority of the new capital.

Bitcoin exchange-traded funds (ETFs) recorded near-record inflows yesterday of over $1 billion, as Bitcoin's price neared the $100,000 milestone for the first time amid volatile trading conditions.

The huge inflows come after options trading on BlackRock’s spot Bitcoin ETF kicked off on November 19, following the Securities and Exchange Commission's (SEC) approval of the listing of options for spot Bitcoin ETFs last month.
https://decrypt.co/293034/bitcoin-etfs-take-in-1-billion-as-btc-price-nears-100000