Matrixport: Bitcoin ETF capital inflow hits record high, confidence surges at $100,000 mark
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2024-12-02 15:32 4,244
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Golden Finance reported that Matrixport released today’s chart saying that single-month fund inflows into Bitcoin spot ETFs have soared to $6.5 billion, setting a record high and far exceeding any previous month’s record.
As the price of Bitcoin continues to rise, more investors are attracted to the market. On Wall Street in particular, Bitcoin prices continue to reach new highs, and investors in Bitcoin ETFs are now taking full profits. With the $100,000 mark right around the corner, market excitement continues to build.
Risk managers who previously approved raising the investment limit for Bitcoin ETFs are obviously quite satisfied with the market performance and have reaped the rewards. This decision also lays a solid foundation for portfolio managers to further increase their allocation to Bitcoin in early 2025.