CoinGape 2024-02-09 11:51:01

Bitcoin ETF Notes $405 Mln Inflow Amid BTC Price Rally To $47K

As Bitcoin surges past the $46,000 mark and heads towards $47,000, the U.S. Spot Bitcoin ETF has seen a significant inflow of $405 million on February 8, according to data from BitMEX Research. This single-day influx of funds, the highest in this week, into the Bitcoin ETF coincides with the ongoing rally in Bitcoin’s price, The post Bitcoin ETF Notes $405 Mln Inflow Amid BTC Price Rally To $47K appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.