Bitcoin ETFs hitting $16 billion milestone, attracting increasing investments, with potential for growth

From Investing.com
16 July, 2024 2:30:20 pm:

Bitcoin ETFs are booming, with daily investment hitting $300 million and weekly totals reaching $1 billion. Year-to-date investments in Bitcoin ETFs have surpassed initial projections, standing at $16 billion. Analyst Eric Balchunas predicts ETFs could attract 20% of Bitcoin investments, with the SEC granting preliminary approval for Ethereum ETFs. This trend indicates growing interest in cryptocurrency investments.ETH ETFs could open more investment opportunities in the crypto market.

Read more at Investing.com: Bitcoin ETFs Break Major $16 Billion Milestone By U.Today