Bloomberg: Monthly Inflows into U.S. Spot Bitcoin ETF Expected to Set Record

ChainCatcher news, due to Trump's support for cryptocurrency, Bitcoin has historically reached $99,588 per coin, and 12 U.S. spot Bitcoin ETFs are about to see record monthly net inflows.

Data compiled by Bloomberg shows that as of November, ETFs from issuers like BlackRock and Fidelity have attracted $6.2 billion in funds, while the previous peak inflow of $6 billion was set in February of this year, when investors were excited about these products launched at the beginning of the year.

Bitcoin has more than doubled this year, outperforming global stocks and assets like gold; however, this week Bitcoin's momentum has slowed, with smaller coins like Cardano and XRP trading within a narrow range.