Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

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Source: Coindesk.com

Bitcoin traders have set a new record for BTC futures positions, with open interest surpassing $37.7 billion. The surge in open interest coincides with record inflows into spot bitcoin ETFs and a bullish long-short ratio, indicating positive market sentiment and expectations for bitcoin to reach new all-time highs in the coming weeks.

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The post "Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record" appeared first here Coindesk.com.

Source: Coindesk.com

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