Reported 17 days ago
US Bitcoin exchange-traded funds saw a historic net inflow of $1.38 billion, significantly boosted by President-elect Donald Trump's support for the digital asset industry. BlackRock's iShares Bitcoin Trust received 81% of these new investments, with a staggering $1.1 billion in net subscriptions. This surge highlights the growing demand for Bitcoin, which recently hit a record price of $76,956, as optimism over Trump's regulatory promises reshapes the cryptocurrency market.
Source: YAHOO