Donald Trump

Bitcoin

President Donald Trump

The U.S. spot bitcoin ETFs are surging massively, making it for 15 days streak to take high inflows summing at over $6.7 Billion. 
Started from 27th of Nov, the inflow in Bitcoin ETFs have witnessed this longest streak with taking $275.39 million of daily inflow on Dec 18. During this streak, the record inflow was marked on December 5 with it hitting at $766.66 million. &nbsp; 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
 <img decoding="async" width="860" height="401" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/bitcoin-ETF-860x401.png" alt="SoSoValue Bitcoin ETF data" class="wp-image-224485">
 <figcaption class="wp-element-caption">
 Source: <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener">SoSoValue</a>
 </figcaption>
 </figure>
</div> 
This streak coincided with Bitcoin price rising to <a href="https://www.cryptotimes.io/2024/12/05/bitcoin-surges-past-100000-creates-history/" target="_blank" rel="noreferrer noopener">break the $100,000 mark</a> for the first time, which also fired up increased trading activity as a result. Total assets under Bitcoin ETFs have increased to $115.78 billion from $104.32 billion. 
The increase in Bitcoin’s price, mainly fueled by aspects such as rising geopolitical tensions and former President Donald Trump winning the 2024 U.S. presidential election, has been a contributing factor to the growth of Bitcoin ETFs.&nbsp; 
Spot Bitcoin ETFs, which were introduced in January 2024, have contributed to attracting the traditional investor into the cryptocurrency space. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/12/13/spot-bitcoin-etfs-records-4-8b-net-inflow-over-11-days-streak/" target="_blank" rel="noreferrer noopener">Spot Bitcoin ETFs records $4.8B net inflow over 11-Days Streak</a> 
</blockquote>

Bitcoin ETFs hits 15-day streak with a $6.7 billion Inflow

The Crypto Times

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