The post Bitcoin Breaks $99k as Bitcoin ETFs See $842M Inflows appeared first on Coinpedia Fintech News
With Bitcoin crossing above the $99,000 mark, the Bitcoin ETF market registered a positive inflow on Nov 21. The net flows reached $842.74 million by purchasing 8,585 Bitcoins. BlackRock’s iBit was the leader in the pack with the purchase of 6,644 Bitcoins worth $652 million and is currently holding 481,270 Bitcoins worth $47.24 billion. The Ethereum ETF, however, failed to hitch the ride with a total net outflow of 10,988 Ethereum tokens worth $36.85 million.