Spot Bitcoin ETF Inflows Hit Record $1.38 Billion
Bitcoin spot ETFs saw a record $1.38 billion inflow on November 7, marking the largest single-day investment since their launch. The surge followed Trump’s election win, which investors see as positive for crypto markets. BlackRock led the inflows with
$1.11 billion, while Bitwise added $190 million. This investor
optimism has pushed Bitcoin’s price to a new all-time high of
$76,943.
Analysts predict Bitcoin could soon reach $80,000, driven by
strong ETF demand and positive sentiment. However, if inflows
slow, a pullback toward $71,484 is possible. Investors are
closely watching ETF trends for the next move.
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