Nov 2, 01:37 PM

Bitcoin Nears All-Time High at $73,600; $3.28B ETF Volume, 21Shares Files for XRP ETF

In recent developments within the cryptocurrency market, Bitcoin has approached its all-time high, reaching approximately $73,600, driven by strong investor interest. This surge marks a notable 10.76% gain for Bitcoin in October. Additionally, Bitcoin ETFs have seen significant activity, with volumes surpassing $3.28 billion and inflows of $479 million reported last week. Meanwhile, 21Shares has officially filed for an XRP ETF with the SEC, and UBS has launched its first Ethereum tokenized fund. Despite the positive momentum, Bitcoin experienced a slight decline to $69,500, reflecting broader market fluctuations where major cryptocurrencies fell by 2-4%. The crypto community is closely monitoring these developments as they may signal potential breakthroughs in November.

#Bitcoin #21Shares #SEC #UBS #Ethereum

Written with ChatGPT (GPT-4o mini).