Spot Bitcoin ETFs See $697M Inflows, Highest Since October: Report
Spot Bitcoin ETFs have recorded significant net inflows, reaching $697 million, according to reports. This marks the largest daily total since October, signaling a potential shift in market sentiment. Analysts suggest these inflows reflect 'cautious optimism' among traders. The medium-term outlook, however, remains contingent on broader macroeconomic conditions and regulatory developments, according to the report. The inflows suggest renewed interest in Bitcoin investment products, though sustained growth will depend on external factors.
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