Bitcoin ETF

Bitcoin

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<p><strong>Key Points:</strong></p>   
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 <li><em>US spot Bitcoin ETFs reached a record 71,570 coins in November, with over $30 billion in total inflows since their January debut.</em></li>   
 <li><em>Options on spot Bitcoin ETFs launched on major exchanges like Nasdaq and NYSE, with CBOE set to join on Dec. 2.</em></li> 
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<h5 class="wp-block-heading">US spot Bitcoin ETFs hit record highs in November, with holdings <a href="https://x.com/HODL15Capital/status/1863003471282049055" target="_blank" rel="noreferrer noopener">reaching</a> a high of 71,570 Bitcoin, the third-highest month since launch.</h5>   
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<p class="has-background" style="background-color:#222222">Read more:<a href="https://coincu.com/242737-revolut-paused-some-crypto-services-by-fca/" target="_blank" rel="noreferrer noopener"> </a><a href="https://coincu.com/282672-kraken-lightning-network-is-now-suspended/" target="_blank" rel="noreferrer noopener"></a><a href="https://coincu.com/wp-admin/post.php?post=288824&amp;action=edit"></a><a href="https://coincu.com/259100-tornado-cash-developer-sentenced-in-prison/"></a><a href="https://coincu.com/288904-ripple-sec-lawsuit-intensifies-again/"></a><a href="https://coincu.com/294412-hyperliquid-airdrop-set-new-standard-crypto-2024/"></a><a href="https://coincu.com/285715-spot-bitcoin-etfs-now-hold-5-bitcoin-supply/"></a><a href="https://coincu.com/wp-admin/post.php?post=285715&amp;action=edit">Spot Bitcoin ETFs Now Hold 5% of the Total Bitcoin Supply</a>&nbsp;</p>   
<h2 class="wp-block-heading" id="us-spot-bitcoin-etfs-reach-record-high-in-november">US Spot Bitcoin ETFs Reach Record High in November</h2>   
<p>According to data from <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener">SoSoValue</a>, these funds saw <a href="https://coincu.com/294309-bitcoin-etf-inflows-set-to-hit-new-monthly-high/" target="_blank" rel="noreferrer noopener">inflows</a> of $320 million on Nov. 29, bringing the total to more than $30 billion since trading began in January.</p>   
<p><a href="https://coincu.com/293327-bitcoin-spot-etf-inflows-hit-1-billion/" target="_blank" rel="noreferrer noopener">BlackRock</a>'s iShares Bitcoin Trust has been one of the top performers, with record trading volumes well above those of gold-backed ETFs. The advent of these products has increased access to cryptocurrency investments and attracted more mainstream investors.</p>   
<p>Adding to the momentum, options on spot Bitcoin ETFs launched on the Nasdaq and New York Stock Exchange last week, expanding the array of instruments for investors to trade. CBOE Global Markets Inc. is due to join in, with its inaugural cash-settled Bitcoin ETF options slated for a Dec. 2 debut.</p>   
<h2 class="wp-block-heading" id="bitcoin-has-jumped-forward-as-hopes-for-regulatory-clarity-have-come-closer">Bitcoin has jumped forward as hopes for regulatory clarity have come closer.</h2>   
<p>Bitcoin gained 38 per cent throughout the month-by-month gain, the highest since February when it soared by 45 per cent after the deployment of spot Bitcoin ETFs. November's rally was also recorded as the strongest performance of Bitcoin since November 2021's record-setting, all-time highs.</p>   
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<p>According to market analysts, part of the rise is attached to speculations on a re-election election bid by former president <a href="https://coincu.com/294040-donald-trump-administration-increase-cftc-power/" target="_blank" rel="noreferrer noopener">Donald Trump</a>. Trump has termed himself a pro-to-crypto candidate, calling for clarity over what many believe is a restrictive, enforcement-heavy approach toward crypto at the Securities and Exchange Commission under Chair <a href="https://coincu.com/293303-sec-chair-gary-gensler-will-lose-power/" target="_blank" rel="noreferrer noopener">Gary Gensler</a>.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure>  <a href="https://coincu.com/?p=294609">Read original article on coincu.com</a>

Spot Bitcoin ETF Buying Hits 3rd Highest Monthly Since Launch

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