bloomingbitbloomingbit

Editor's PiCK

US Bitcoin ETF sees $1.8 billion inflow this week… "Asset markets rise on trade deal expectations"

Source
Minseung Kang
공유하기
  • It was reported that over $1.8 billion has flowed into the US Bitcoin ETF this week.
  • The expectation of the resumption of US-China trade negotiations contributed to the spread of preference for risk assets.
  • It was reported that $106.8 million also flowed into the Ethereum spot ETF.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

This week, over $1.8 billion (approximately 2.524 trillion KRW) has flowed into the US Bitcoin (BTC) spot Exchange Traded Fund (ETF).

According to investment firm Farside Investors on the 3rd, $1.805 billion has flowed into the US Bitcoin ETF this week. It is interpreted that the expectation of the resumption of trade negotiations between the US and China has spread a preference for risk assets across the global stock and virtual asset (cryptocurrency) markets.

Meanwhile, it was recorded that $106.8 million also flowed into the Ethereum spot ETF.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

Feel free to share your thoughts and questions about the news!

What did you think of the article you just read?