Bitcoin Hits $99k, Thursday Market Whiplash Following Nvidia Price | Wall Street Today

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Bitcoin Hits $98k, Nvidia Falls on Forward Guidance, Google Chrome Break-Up | Live Stock

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Bitcoin Hits New All-Time High Above $98,000 As Spot ETFs Crack $100 Billion Net Asset Value Milestone

BenzingaNov 21 07:45 ET

The US bitcoin ETF assets have surpassed 100 billion dollars.

As the price of bitcoin continues to hit new highs, approaching the 0.1 million dollar mark, the total assets of the directly invested bitcoin exchange-traded funds (etf) in the usa have surpassed 100 billion dollars. Twelve bitcoin etfs, including products from blackrock and fidelity investments, reached this milestone just 10 months after their listing in January of this year, making it one of the most successful fund categories ever issued. Data shows that as bitcoin reached a record high, they recorded a net inflow of 0.773 billion dollars on Wednesday. On Thursday, bitcoin briefly rose by 3.6%, reaching a record 97,892 dollars since November 5.

Global Market NewsNov 21 03:08 ET