Bitcoin ETFs hit new record with over $3.1B in weekly inflows

CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22. 

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United States-based spot Bitcoin exchange-traded funds (ETFs) have reached a record high in weekly inflows, signaling continued investor enthusiasm amid Bitcoin’s parabolic rally.

Spot Bitcoin (BTC) 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 week’s $1.67 billion inflow.

The figure represents the largest recorded weekly inflows for spot Bitcoin ETFs. It also marks the seventh consecutive week of positive flows, according to SoSoValue.

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