Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress

Oct 24, 2023 · By contrast, a spot ETF would invest in Bitcoin directly, driving scarcity for the asset’s supply. Signs of progress towards the iSHARES Bitcoin Trust’s launch helped to pull …

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Bitcoin Surges To 17-month High On ETF & Regulatory Wins - BizNews

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Oct 24, 2023 · Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism. By Muyao Shen and Olga Kharif. Bitcoin extended a rally fueled by expectations of fresh demand from …

biznews.com

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Bitcoin Rallies 11% To 17-mth High Amid Spot ETF Hopes - Yahoo …

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Oct 23, 2023 · Investing.com-- Bitcoin, the world’s largest cryptocurrency, rose sharply on Tuesday amid increased speculation that the U.S. Securities and Exchange Commission was …

yahoo.com

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Bitcoin ETFs Hit New High Of $17.7B In Inflows - Yahoo Finance

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Sep 23, 2024 · Spot Bitcoin ETFs surged to a new high of $17.7 billion in net inflows last week, reflecting investors' renewed confidence in the funds' underlying asset and the wider economy.

yahoo.com

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Bitcoin Hits Record High. Here's What's Driving Up The Price.

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Mar 5, 2024 · Bitcoin's price rally began months before in 2023: Its price soared to a 19-month high in December to about $41,000. Analysts at the time credited the surge to three main …

cbsnews.com

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Bitcoin Price Hits Record $69K As Spot ETF Flows Surge

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Mar 5, 2024 · The record high comes amid surging demand for the new ETFs that are based primarily on bitcoin's price. ... Fourteen months ago, bitcoin was trading at just $16,500 after …

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Bitcoin Surpasses $107,000 To Hit New High Amid 'relentless' ETF …

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Dec 16, 2024 · Much of the upward price action stems from institutional buyers and flows into bitcoin spot exchange-traded funds (ETFs). "Bitcoin ETF demand has been relentless with …

yahoo.com

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Bitcoin ETFs Rope In $2.6B Investments Amid Weekly Bull Run

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Nov 12, 2024 · Bitcoin’s surge to almost $90,000 spurred a $2.6 billion inflow into US spot ETFs, while Ether ETFs saw record highs in daily investments. Bitcoin ETFs rope in $2.6B …

cointelegraph.com

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Bitcoin Hits $35,000, Reaching 16-Month High Amid ETF Hype

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Oct 25, 2023 · Bitcoin has just breached $35,000 per data from CoinGecko—a price not seen since May 2022.. On the day, the move represents just a 4% rise; stepping back, however, the milestone arrives amid a very bullish week for the market's largest cryptocurrency.

decrypt.co

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Bitcoin ETFs Hit New Record With Over $3.1B In Weekly Inflows

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Nov 25, 2024 · Spot Bitcoin ETFs saw net inflows of $3.38 billion for the week of Nov. 18–22, according to crypto tracking platform SoSoValue, marking a 102% increase from the previous …

cointelegraph.com

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Spot ETF-induced Bitcoin Rally Isn’t Guaranteed To Stick: Analysts

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Nov 2, 2023 · On Oct. 24, Bitcoin staged its largest single-day rally in over a year, surging more than 14% on the news that the ticker of BlackRock’s spot Bitcoin ETF — IBTC — had been listed on the ...

cointelegraph.com

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Bitcoin Stalls Below $70K Despite $20B ETF Inflow Milestone

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Oct 21, 2024 · Positive ETF inflows could help the Bitcoin price reach an all-time high. By Feb. 15, just one month after they launched, United States-based spot BTC ETFs accounted for about …

cointelegraph.com

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U.S. Spot Bitcoin ETFs Record $92M In Daily Inflows Amid Market Dip

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Sep 22, 2024 · The combined daily trading volume for U.S. bitcoin ETFs reached $980.59 million on Friday, with total net inflows since their January launch amounting to $17.69 billion. The …

cryptonews.com

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Bitcoin Nears $37K Amid Spot ETF Approval Buzz - DailyCoin

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Nov 9, 2023 · Notably, the surge in Bitcoin’s value has garnered substantial support from U.S. investors. Indications suggest their influence is pivotal in propelling Bitcoin to its present …

dailycoin.com

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Spot Bitcoin ETFs On Track For Record-breaking Day Following …

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Nov 6, 2024 · BlackRock’s spot Bitcoin ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald …

cryptoslate.com

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Bitcoin Price Surges To $99K Hours After Record Bitcoin ETF Outflow

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Dec 21, 2024 · Meanwhile, Grayscale’s Bitcoin Trust (GBTC) saw a net outflow of $57.36 million. According to Sosovalue data, the total net asset value of Bitcoin spot ETFs stood at $109.7 billion by the end of the day, a notable decrease from the $121.7 billion recorded on December 17. Bitcoin spot ETFs outflows – Source: Sosovalue

cryptopolitan.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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Bitcoin Rallies Past $107,000, Hopes Grow For Strategic Reserve

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Dec 15, 2024 · Bitcoin hits record high amid Trump's pro-crypto stance Price up over 50% since Nov US election Bitcoin buyer MicroStrategy joins Nasdaq 100 Bitcoin , the world's biggest …

reuters.com

FAQs about Bitcoin Surges To 17-Month High Amid Spot Bitcoin ETF Progress Coupon?

Why did spot bitcoin ETFs surge to a new high last week?

Spot Bitcoin ETFs surged to a new high of $17.7 billion in net inflows last week, reflecting investors' renewed confidence in the funds' underlying asset and the wider economy. The 11 funds have generated $801.1 million in net inflows since Sept. 9, rebounding from a slump that stretched from late August into the first week of September. ...

Why did bitcoin price surge to $90K in November?

Bitcoin’s price surge to nearly $90,000 in early November sparked a massive influx of funds into spot Bitcoin exchange-traded funds (ETFs) in the United States. On Nov. 6, Bitcoin (BTC) commenced a bull run that catapulted its price from the $69,000 mark to nearly $90,000 in just seven days. ...

How much has bitcoin risen since 10 spot ETFs started trading?

Bitcoin has risen about 50% since 10 spot bitcoin ETFs began trading on Jan. 11, a day after the SEC approved their applications following a decade of rejections. Bitcoin's $1.3 trillion market cap has already topped its all-time high. ...

Why did the price of bitcoin rise 10%?

The price of bitcoin leapt more than 10% to $35,000 a token as traders grew increasingly confident the Securities and Exchange Commission would approve an exchange-traded fund in coming months © REUTERS Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ...

Will bitcoin's price surge make it more volatile?

To be sure, bitcoin's ongoing price surge doesn't make the cryptocurrency any less volatile, as Laila Maidan, investing correspondent at Insider, told CBS News in December, when the cryptocurrency broke $41,000, which was its highest value in 19 months at the time. "It doesn't mean the crypto is going to skyrocket and stay high," Maidan said. ...

Why did bitcoin surge in 2024?

Analysts at the time credited the surge to three main factors, including anticipation of the SEC's approval of the spot ETFs, anticipation of Fed rate cuts in 2024 and the crypto token's upcoming halving event, in which the reward for mining bitcoin is cut in half. ...