Bitcoin ETF

Bitcoin

Million

<ul class="news-points">
 <li><strong>Bitcoin ETF inflows surged to $900M, driving the price higher and signaling increased institutional interest in the crypto market. </strong></li>
 <li><strong>October 29 marked the highest inflows, boosting Bitcoin’s market cap to $1.42 trillion, with the Fear and Greed Index hitting 77. </strong></li>
 <li><strong>Long-term holders show confidence, as 71% hold BTC for over a year, while netflows decreased by $175.71M, indicating reduced selling pressure. </strong></li>
</ul>
<p><a href="https://coinedition.com/bitcoin-nears-record-highs-as-election-results-could-spark-flockerz-meme-coin-surge/" rel="noopener noreferrer nofollow">Bitcoin</a> saw a notable surge this week as inflows into Bitcoin ETFs soared to $900 million. Cryptocurrency analyst Michaël van de Poppe reported on this massive inflow, suggesting it could push Bitcoin toward a new all-time high (ATH). Despite price fluctuations, the data shows optimism among investors, with consistent interest driving the price momentum upward.</p>
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   <p lang="en" dir="ltr">The inflow in the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> ETF are going through the roof.<br><br>Insane!<br><br>$900 million inflow pushing Bitcoin towards a new ATH.<br><br>I think there's more upside coming in the coming period with a constant flow of interest.<br><br>Nice. <a href="https://t.co/tqqWyICSJj" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/tqqWyICSJj</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1851677949293994370?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 30, 2024</a>
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<h2 class="wp-block-heading" id="h-bitcoin-etfs-fuel-buying-pressure">Bitcoin ETFs Fuel Buying Pressure</h2>
<p>The inflow into <a href="https://coinedition.com/bitcoin-etf-options-to-drive-growth-in-crypto-derivatives/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a> has fueled substantial buying pr…</p>
<p>The post <a href="https://coinedition.com/bitcoin-price-surges-as-etf-inflows-reach-900-million/" rel="noopener noreferrer nofollow">Bitcoin Price Surges as ETF Inflows Reach $900 Million</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Price Surges as ETF Inflows Reach $900 Million

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