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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/record-highs-in-etf-sector-boost-cryptocurrency-market/" data-wpel-link="internal">Record Highs in ETF Sector Boost Cryptocurrency Market</a><br></p>
<p class="p1" style="text-align: justify"><a href="https://coin-turk.com/kripto-para-dunyasini-sarsan-haber-geldi-bir-dev-daha-iflas-acikladi" data-wpel-link="internal">Cryptocurrency</a> markets continue to surge, led by <a href="https://coin-turk.com/yatirim-yapmadan-once-dikkat-bu-4-kritik-madde-mart-ayinda-bitcoinin-fiyatini-etkileyecek" data-wpel-link="internal">Bitcoin</a>, with the ETF sector being the primary driver. Accordingly, spot <a href="https://en.coin-turk.com/blackrocks-anticipated-bitcoin-etf-a-game-changer-for-cryptocurrency-future/" data-wpel-link="internal">Bitcoin</a> exchange-traded funds (ETFs) in the United States recorded a total daily inflow of $676.8 million, marking a new all-time high for the ecosystem. On February 28th, spot Bitcoin ETF funds received approximately $680 million in investments.</p> 
<h2 class="p1" style="text-align: justify" id="etf-sector-hits-new-record">ETF Sector Hits New Record</h2> 
<p class="p1" style="text-align: justify">Daily inflows into 10 ETF funds approved by the US Securities and Exchange Commission are attributed to five of them: iShares Bitcoin Trust with $612.1 million, Fidelity Wise Origin Bitcoin Fund with $245.2 million, Bitwise Bitcoin ETF with $9.9 million, ARK 21Shares Bitcoin ETF with $23.8 million, and WisdomTree Bitcoin ETF with $2.2 million.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-321114 size-full" src="https://coin-turk.com/wp-content/uploads/2024/02/btc-etf.jpg" alt="" width="962" height="1103"></p> 
<p class="p1" style="text-align: justify">However, Grayscale Bitcoin Trust recorded an outflow of $216.4 million, reducing the total inflow from $893.2 million to $676.8 million. Since February 12th, the spot Bitcoin ETF market in the US has recorded a total inflow of $7,406.9 million. In contrast, due to the significant outflows from Grayscale, the market experienced a loss of $7,807.3 million.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-321113 size-full" src="https://coin-turk.com/wp-content/uploads/2024/02/etf-hacim-verisi.webp" alt="" width="793" height="819"></p> 
<p class="p1" style="text-align: justify">The contribution of iShares’ Bitcoin ETF funds in the US remains the highest at $7,152.4 million as of February 28th. The total inflow into spot Bitcoin ETF funds has reached $7,399 million to date, as shown above.</p> 
<h2 class="p1" style="text-align: justify" id="eye-catching-survey-in-australia">Eye-Catching Survey in Australia</h2> 
<p class="p1" style="text-align: justify">Rising crypto events in one region resonate worldwide. A recent survey involving 2,100 participants indicates that the approval of spot Bitcoin ETF funds in the US in January has increased the interest of Australian individual investors in Bitcoin.</p> 
<p class="p1" style="text-align: justify">Bitcoin sentiment in Australia, which determines current investor sentiment based on trading activities and market conditions, increased by 25% following the approval of spot Bitcoin ETFs, with adoption rates also marginally increasing in 2024.</p> 
<p class="p1" style="text-align: justify">Speaking about the rise in positive investor sentiment, Independent Reserve CEO Adrian Przelozny noted a clear shift in sentiment, pointing to a renewed optimism and phase of growth. One-third of survey participants showed interest in long-term investment in Bitcoin, while opinions varied on whether they would prefer to access Bitcoin through a crypto exchange or ETF.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/record-highs-in-etf-sector-boost-cryptocurrency-market/" data-wpel-link="internal">Record Highs in ETF Sector Boost Cryptocurrency Market</a></h5>

Record Highs in ETF Sector Boost Cryptocurrency Market

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