Could you please elaborate on the financial performance of spot
Bitcoin ETFs on Monday? Specifically, I'm interested in knowing the total amount of money these ETFs generated during that particular trading day. Was there a significant increase or decrease in profits compared to previous days? What factors may have contributed to this change, if any? And, do experts foresee this trend continuing or reversing in the near future? Any insights you can provide would be greatly appreciated.
5 answers
mia_clark_teacher
Fri Jul 19 2024
This surge in interest coincides with the remarkable rise in bitcoin prices.
Michele
Fri Jul 19 2024
On Monday, spot bitcoin ETFs recorded net inflows totaling nearly $295 million.
InfinityVoyager
Fri Jul 19 2024
Although this figure may not appear particularly substantial, it holds significant weight.
KpopHarmony
Fri Jul 19 2024
According to data provided by Farside Investors, the inflows surpassed the combined net inflows for these products over the preceding two weeks.
Pietro
Thu Jul 18 2024
In March, bitcoin prices attained all-time highs, surpassing the $73,000 mark.