Institutional Investors Are Back With Record $1.4B Bitcoin ETF Inflow 
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Institutional Investors Are Back With Record $1.4B Bitcoin ETF Inflow 
Author: Martin Young

Last Updated Nov 8, 2024 @ 06:32
Spot Bitcoin exchange-traded funds in the United States have seen their largest inflow day ever. 

The eleven spot Bitcoin ETFs in the US saw a record inflow day as $1.37 billion in inflows entered the institutional investment products on Nov. 7.

The massive inflow comes as Bitcoin notched a new all-time high just below $77,000 in the wake of Donald Trump’s presidential election victory this week and as the US central bank reduced rates again.

The total invested in spot Bitcoin ETFs has now reached $25.5 billion, according to Farside Investors.