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Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing $20 billion in net flows for the first time. Over the past week alone, these ETFs experienced net inflows of $1.5 billion, contributing to a total of $1.6 billion in cumulative flows over the last four days. The total assets under management for Bitcoin ETFs now stand at a record $65 billion. For comparison, gold ETFs took approximately five years to achieve similar net inflows, highlighting the rapid growth and increasing demand for Bitcoin investment products.
#Bitcoin ETFs have surpassed $20 billion in net inflows for the first time, with $1.5 billion added in just a week per Eric Balchunas. It took gold ETFs took 5 years to hit that milestone. https://t.co/n2NmO44lDp
#Bitcoin ETFs net inflows reached $20 BILLION It took gold ETFs about 5 years to reach same number https://t.co/FiW8hd7vpW
🚨 LATEST: #Bitcoin ETFs have surpassed $20 billion in total net flows for the first time, with $1.5 billion added in just a week. For context, gold ETFs took about 5 years to hit that milestone. Total assets now stand at a record $65 billion, per Eric Balchunas. https://t.co/MWKwf7Rfsi
