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US exchange-traded funds investing in Bitcoin experienced an unprecedented 18th consecutive day of net inflows, in a burst of demand that helped push the largest digital asset to a record high.
<h2 id="us-bitcoin-etfs-had-longest-inflow-period">US Bitcoin ETFs Had Longest Inflow Period</h2>
Investment in Bitcoin ETFs was $15.6 billion by Thursday following the Jan. 11 launch, bringing total assets to $62.3 billion.
BlackRock Inc. and Fidelity Investments' Bitcoin funds rank as some of the most successful exits in the history of the ETF industry. They took Wall Street by storm, shifting crypto's center of gravity from Asia to the US.
Many speculators in the options market are predicting that Bitcoin will surpass March's all-time high of $73,798 this month, aided by ETF demand and expectations that the Federal Reserve will cut interest rates.
Related News: <a href="https://en.bitcoinsistemi.com/analysis-company-announced-focus-on-this-development-next-week-for-bitcoins-all-time-record/" target="_blank" rel="noopener noreferrer nofollow">Analysis Company Announced: "Focus On This Development Next Week For Bitcoin's All-Time Record"</a>
“There have been large inflows into Spot-Bitcoin ETFs,” Sean Farrell, head of digital asset strategy at Fundstrat Global Advisors LLC, wrote in a note. “The macro continues to trend in favor of crypto as economic growth slows to a non-stagnant pace and signs of disinflation persist.”
Last week, BlackRock's $21.4 billion iShares Bitcoin Trust surpassed Grayscale Investments LLC's $20.1 billion Bitcoin fund to become the world's largest fund for the token. Fidelity Wise Origin Bitcoin Fund with $12.3 billion ranks third.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/us-bitcoin-etfs-break-record-for-longest-positive-inflow-in-march-here-are-the-details/" rel="noopener noreferrer nofollow">US Bitcoin ETFs Break Record for Longest Positive Inflow in March! Here are the Details</a>

US Bitcoin ETFs Break Record for Longest Positive Inflow in March! Here are the Details

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