1h
...
Bitcoin exchange-traded funds are on a winning streak, with investors buying for six consecutive days.
The funds — managed by the likes of BlackRock, Fidelity, and Morgan Stanley — have received over $2.8 billion in new investment since September 17, according to Farside Investors data.
On Monday alone, investors bought nearly $1 billion in shares — the most 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.
Still, Bitcoin’s price on Friday is only up modestly: it recently stood at nearly $83,975 after reaching as high as $87,330 on Monday. Over the past seven days, the…
Read more on BitcoinMagazine




