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Cryptocurrency News Articles
Bitcoin ETFs Rake in $1B as BTC Nears $100K Milestone | Key Points | Nov. 23, 2024
Nov 23, 2024 at 02:37 pm
Welcome back to BitPinas Key Points: crypto news in concise formats for easy reading. In today's daily recap: Bitcoin ETFs are surging as the foremost crypto
Good morning. Here are the crypto highlights of the day:
Crypto Price Update
Bitcoin and Ethereum both saw slight gains in the past 24 hours, continuing their recent rally. Most of the top 100 cryptocurrencies are also up.
Trending Coins Update
For the daily price update, check out our post on Facebook.
Bitcoin ETFs Rake in $1B as BTC Nears $100K Milestone
Bitcoin exchange-traded funds (ETFs) saw near-record inflows of over $1 billion on November 21, as Bitcoin’s price surged the near $100,000 milestone amid volatile market conditions.
The numbers:
Bitcoin ETFs are increasingly dominating BTC holdings, and about to surpass even the estimated stash of Bitcoin’s anonymous creator, Satoshi Nakamoto.
What’s next: All eyes are on Bitcoin’s $100,000 milestone and how Ethereum might pivot to regain investor favor.
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