Bitcoin ETFs exit 6-day outflow streak as BTC defends $100k support
PositiveCryptocurrency

On November 7, U.S. spot Bitcoin ETFs saw a resurgence in inflows, marking the end of a six-day outflow streak. This shift comes as institutional interest in Bitcoin strengthens, particularly after BTC successfully maintained its crucial $100,000 support level. The data from SoSoValue indicates that these ETFs collectively attracted $240 million, highlighting renewed confidence in the cryptocurrency market. This is significant as it reflects a growing acceptance of Bitcoin among institutional investors, potentially paving the way for further market stability and growth.
— via World Pulse Now AI Editorial System



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