US Leads Global Crypto Charge With $5B ETF Bet—Here’s Why American Investors Are Suddenly All-In On Bitcoin
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The crypto market just sent a clear message to skeptics: digital assets aren’t going away. Exchange-traded funds tracking cryptocurrencies shattered records with $5.95 billion in inflows last week, propelling bitcoin to an all-time high of $126,223 on Oct. 6.
The record capital flooded into digital asset investment products during the week ended Oct. 4, according to data from Coinshares. Bitcoin surged past its August peak on Oct. 5, extending gains that pushed the world’s largest cryptocurrency above $126,000 for the first time.
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