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Bitcoin ETFs on FIRE! $363 Million Flows In โ 12 Days of Pure GREEN!
Itโs the Crypto Comeback of the Century! US Bitcoin ETFs are Booming!
The buzz is electric, and the stakes are sky-high! Over the past few weeks, Bitcoin ETFs (exchange-traded funds) in the US have skyrocketed, raking in a jaw-dropping $363 million in just one day! This staggering surge is no coincidence; the crypto climate in the United States has never been hotter!
Hold on to your wallets, because on July 18, President Donald Trump made history by signing the GENIUS Actโthe FIRST crypto bill ever! That very same day, Bitcoin ETFs saw a wave of cash like never before!
$363 Million in Daily Inflows? You BET!
Mark the date: Friday, July 18, 2023โa monumental day in the world of Bitcoin! A scorching $363.45 million flowed into US Bitcoin ETFs, marking an unprecedented 12 consecutive days of positive inflowsโUNSTOPPABLE!
BlackRockโs iShares Bitcoin Trust (ticker: IBIT) was the heavyweight champion of the day, adding a staggering $496.75 million to its already massive portfolio. This titan of the Bitcoin world is on the verge of hitting a colossal $90 billion in assets!
Cue the applause for WisdomTreeโs Bitcoin Trust, which finally saw some love with a modest $3.11 million inflowโthe first sign of life after weeks of withdrawals!
But not all ETFs were so lucky; five others, including Fidelity Wise Origin Bitcoin Fund and Grayscale Bitcoin Trust, faced massive withdrawals, totaling $136.42 million. But who cares? The crypto party just keeps getting louder!
A RECORD-BREAKING $2 BILLION in Just Two Weeks!
Despite the setbacks, US-based Bitcoin ETFs are flexing their muscles with over $2 billion in inflows over the past two weeks alone! Thatโs rightโ$2.39 billion in just one weekโa clear indication that investors are pouring in like it’s Black Friday!
Bitcoinโs Price Takes a ROCKET RIDE!
And itโs not just the ETFs riding this tidal wave! Bitcoin itself shattered records last week, soaring to a jaw-dropping all-time high of $122,800! Currently, itโs hovering around $118,000โa staggering 12% increase over the past month. Don’t blink, because this rollercoaster is only getting started!
Fasten your seatbelts, crypto enthusiasts; the Bitcoin buzz is BACK, and itโs bringing all the fireworks with it! Are you in or out? The choice is now, and the stakes have never been higher!
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