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In a groundbreaking development for the Bitcoin market, Bitcoin Exchange-Traded Funds (ETFs) have surged to an impressive $10 billion in assets under management (AUM) within an unprecedented timeframe. This achievement marks a significant milestone in the integration of digital assets into traditional financial systems.
Swift Growth of Bitcoin ETFs
In a span of just one month after their approval, nine spot Bitcoin ETFs have collectively amassed over $10 billion in assets under management. According to Farside, net inflows to these ETFs on February 9 alone amounted to over $540 million. It’s worth noting that since January 11, these ETFs experienced an influx of $2.7 billion, even…
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