20h05 ▪
3
min read ▪ by
Eddy S.
The week of November 18 to 22 was marked by significant movements in the exchange-traded funds (ETF) market. U.S.-based spot Bitcoin ETFs experienced their fourth-best week of investments, while Chinese-based ETFs suffered their largest capital outflows in history, signaling another positive sign for the global adoption of Bitcoin.
A mixed week for global ETFs
According to data, U.S.-based spot Bitcoin ETFs recorded cumulative inflows of $2.42 billion during this trading week. This figure represents their fourth-largest week since their launch in January. This impressive performance reflects a growing interest in Bitcoin as an investment asset, despite market fluctuations.
In contrast, China-based ETFs recorded…