Bitcoin ETFs Surge in November, Reflecting Growing Institutional Interest

Bitcoin exchange-traded funds have attracted over $6 billion in November, with the most inflows reaching $6.165 billion as of Nov. 21. IBIT leads with $4.683 billion, and FBTC follows with $1.050 billion. This surge in investment coincides with Bitcoin’s price rally, which reached $98,200 on Nov. 21 and hit around $99,500 early on Nov.

22. The increased investment comes after the U.S. presidential election, where Trump secured victory and Bitcoin’s price soared over 30% to hit $93,400 on Nov. 13, setting new all-time highs on subsequent days. The substantial inflows into Bitcoin ETFs reflect growing institutional interest in digital assets ahead of the regime change in January.

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