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Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH?

source-logo  coingape.com 4 h

Spot Bitcoin ETF flows have once again turned net positive after the drop in the core CPI for December, which triggered a rally in global equity and crypto markets. On Wednesday, net inflows into BTC ETF skyrocketed to $755 million with Fidelity’s FBTC leading the charge with $463 million in inflows. The BTC price also surged past the $100K level following a strong run-up in the S&P 500.

coingape.com