đȘđș European investors have invested over $100 billion in U.S. BTC ETFs
Since the beginning of 2024, European investors have poured more than $105 billion into spot Bitcoin ETFs traded in the U.S.
đ Senior ETF analyst at Bloomberg Eric Balchunas noted that the growth in investments from Europe is tied to the strong performance of the U.S. stock market, particularly the S&P 500 index, which has risen by 24%.
Significant capital flows into Bitcoin ETFs could push the cryptocurrency to new all-time highs.
