Unprecedented Spike in Bitcoin ETF Inflow with ARK 21Shares Reaching Record High
ARK 21Shares Bitcoin ETF recently witnessed a record-breaking surge in investments, amassing an impressive $201.8 million in inflows, significantly outpacing its typical daily average of $43.9 million. This influx marks a quadrupling of its standard inflow, rendering the Bitcoin ETF inflow so immense that it almost surpassed the preceding day’s sum, recorded at $73.6 million. Fascinatingly, this torrent of investment coincided with Bitcoin teetering on the brink of reaching the $72,000 threshold. According to Farside Investors’ data, this surge in Bitcoin ETF inflow was not a standalone incident but an ongoing trend that has been steadily escalating since the ETF’s inception on January 11. This historic inflow highlights the burgeoning interest and faith in the Bitcoin market, further solidifying its position as a viable investment avenue.
Not financial advice. Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!
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