Rising Bitcoin ETF Interest Amid China's Economic Stimulus Plans

Reported 12 days ago

As Bitcoin trades above $63,000 despite minor daily fluctuations, demand for BTC exchange-traded funds (ETFs) has seen significant net inflows, indicating a growing interest among investors. Meanwhile, China is contemplating a massive capital injection of approximately $142 billion into its state banks to stimulate economic recovery, following a series of monetary easing measures by the People's Bank of China.

Source: YAHOO

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