Bitcoin ETF inflows reach $494.4 million as investor interest rises

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Bitcoin ETF inflows reach $494.4 million as investor interest rises
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Bitcoin ETFs are surging with unprecedented inflows, while experts caution about the evolving crypto landscape.

Former Chinese finance minister warns of cryptocurrency risks, urging careful examination of advancements.exchange-traded funds appear to be regaining momentum, marked by unprecedented inflows.revealed cumulative inflows of $494.4 million into Bitcoin ETFs, with the weekend of 28th and 29th September seeing the markets closed.

Following closely behind was Fidelity’s FBTC, which garnered $123.6 million, and IBIT, which attracted $110.8 million. Just a few days ago, Bitcoin faced challenges breaking past the $60,000 mark but surged to $65,000 on 27th September., the latest price of Bitcoin is $63,602, reflecting a slight decline of 2.92% over the past 24 hours.

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