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The Bitcoin bulls are back — if ETF flows are to be believed.
U.S. bitcoin exchange-traded funds received $999 million in new investment on Monday, according to Farside Investors data.
That’s the most in one day since October 6, when the funds received over $1.2 billion and the price of the leading cryptocurrency hit a new all-time high of $126,080.
Bitcoin’s price recently stood at $86,552 after scraping $87,330 on Monday. Over the past seven days, the coin’s price has surged by nearly 13%.
Bitcoin ETFs in the U.S. — approved by the SEC in 2024 — have helped investors get exposure when they couldn’t before. Now, Wall Street firms can quickly buy…
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