Bitcoin ETF Attract $3.8 Billion As Institutional Demand Returns

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In a gigantic financial train station inspired by Wall Street, an armored Bitcoin locomotive arrives at a massive vault. Behind it stretches a long succession of train cars filled with capital, disappearing into the distance. Several other convoys are visible further away, all heading toward the same Bitcoin terminal. In the foreground, an institutional trader looks at the length of the convoy in amazement.

Over the past three weeks, Bitcoin ETFs have captured approximately 3.8 billion dollars. This is their best performance since the beginning of this year. In the last week, they attracted an additional 986.9 million dollars despite a withdrawal. This recovery thus confirms the return of institutional demand, although it has not yet offset all the outflows recorded since January.

L’article Bitcoin ETF Attract $3.8 Billion As Institutional Demand Returns est apparu en premier sur Cointribune.

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