Increase in ETF inflow: In November, Bitcoin ETFs attracted a record amount of 6.2 billion USD, marking an important milestone for the market. These figures indicate a rising interest from institutional investors in this managed product.
Interest from institutions: After Donald Trump voiced support for Bitcoin, inflows to ETFs surged. For example, BlackRock’s iShares Bitcoin Trust attracted over 1 billion USD, demonstrating the high appeal of Bitcoin as an asset.
Future predictions for Bitcoin: Analysts predict that if this growth trend continues, Bitcoin price may reach new highs of 117,000 USD. Currently, Bitcoin is trading at 96,390 USD with a steady increase of 1.14%.
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