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Bitcoin ETF saw its largest single-day inflow since mid-January yesterday.
Mars Finance News, April 18th, data shows that the US Bitcoin ETF had a net inflow of $664.9 million yesterday, with IBIT net inflow of $284 million, FBTC net inflow of $163.4 million, and ARKB net inflow of $117.9 million.
This data marks the largest single-day inflow since mid-January of this year.
This optimistic sentiment may be closely related to the US-Iran situation; the easing of tensions has directly affected market expectations for Federal Reserve interest rates, shifting from rate hikes to rate cuts. (Cointelegraph)