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CoinGape

US Spot Bitcoin ETF sees record influx of over $2 billion this week

CoinGape
Summary
Nutrition label

63% Informative

US Spot Bitcoin Bitcoin ETF has recorded an inflow of over $2 billion this week .

The robust inflow was led by BlackRock IBIT and ARK 's ARKB , the US Spot BTC ETF recording inflow for sixth consecutive days .

A top analyst predicts BTC price to hit $ 130 K in the near term, citing a key indicator.

Meanwhile, BTC price today was up around 0.6% to $ 68,348 , while its one-day trading volume fell 15% - $30.31 billion .

VR Score

44

Informative language

34

Neutral language

32

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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