BREAKING
408d 4h ago

Bitcoin ETF Sees Soaring 2024 Inflows of $36.8 Billion, Outpacing Gold ETF by 81 Times

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent insights from BitcoinNews, the trends in cryptocurrency investments continue to demonstrate a significant shift towards digital assets. As of December 29th, 2024, the net inflows for Gold ETFs amounted to a modest 454 million US dollars. In stark contrast, the Bitcoin ETF industry experienced a staggering net inflow of 36.8 billion US dollars, highlighting a substantial increased interest among investors—specifically, an impressive 81-fold growth compared to its gold counterpart. This discrepancy in investment flows underscores evolving investor sentiment and the growing acceptance of cryptocurrencies as a viable asset class. These figures not only reflect the maturation of Bitcoin as a financial instrument, but they also signal a broader transition of capital from traditional assets to the burgeoning realm of digital investments.

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