U.S. bitcoin ETFs took in $999 million on Monday, the biggest one-day haul since October 6. BlackRock’s IBIT led with $381 million, then ARK 21Shares and Fidelity, as bitcoin traded around $86,500 after a roughly 13% week. Bloomberg’s James Seyffart said the average ETF buyer is back in profit, and CryptoQuant called the move above the 365-day average a sign the bear phase is over.
Jessica GonzalesShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.