Greed

Bitcoin

Grayscale Bitcoin Trust

<ul class="wp-block-list">
 <li>Bitcoin prices surged from $68,000 to $99,000 during a month-long bull run in November.</li>
 <li>A total of $6.87B was received by spot Bitcoin ETFs, while $411 million was withdrawn.</li>
</ul>
November saw a record-breaking 45% rally in the price of <a href="http://bitcoin.org" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a>. Sending $6.4 billion into spot exchange-traded funds (ETFs) as investors in the US flocked to the cryptocurrency.
Bitcoin prices surged from $68,000 to $99,000 during a month-long bull run in November. A total of $6.87 billion was received by spot Bitcoin ETFs. While $411 million was withdrawn, as a result of optimistic views.
The iShares Bitcoin Trust ETF, which is managed by <a href="http://blackrock.com" target="_blank" rel="noopener noreferrer nofollow">BlackRock</a>, received $5.6 billion in November. Making up about 87% of the total monthly inflows, according to statistics from Farside Investors.
A number of other well-known players also received substantial investments. Including the $962 million Wise Origin Bitcoin Fund from Fidelity, the $211.5 million Bitcoin Mini Trust ETF from Grayscale, and the $71.2 million Bitcoin ETF from <a href="https://thenewscrypto.com/investment-giant-vaneck-launches-sui-based-financial-product/" target="_blank" rel="noopener noreferrer nofollow">VanEck</a>.
<h3 class="wp-block-heading" id="h-positive-investor-sentiment">Positive Investor Sentiment</h3>
With Bitcoin’s high price and the continued influx of capital from institutional and individual investors, the bull run is likely to continue. A price discovery period for Bitcoin is about to begin. And traders and experts are predicting tremendous long opportunities for the cryptocurrency in the months to come.
Meanwhile, the $411 million in monthly withdrawals were accounted for by three players. A total of $364 million left the Grayscale Bitcoin Trust ETF, $40.4 million left the Bitwise Bitcoin ETF, and $6.8 million left the Valkyrie Bitcoin Fund.
Additionally, November was predicted to be a very optimistic month according to Alternative.me’s Crypto Fear &amp; Greed Index, which analyses investor sentiment. The Crypto Fear &amp; Greed Index hit a new yearly high of 92 on November 22nd. Indicating that investors are quite positive.
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<a href="https://thenewscrypto.com/robert-kiyosaki-predicts-massive-bitcoin-price-drop-soon/" target="_blank" rel="noopener noreferrer nofollow">Robert Kiyosaki Predicts Massive Bitcoin Price Drop Soon</a>

Bullish Momentum Fuels $6.4B Bitcoin Spot ETF Inflows in November

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