Bitcoin ETFs recorded cumulative inflows of $2.42 billion for the week of Nov. 18-22, the fourth highest since they entered the market in January.
Recorded record outflows of more than $2 billion in the same week, which comes amid the Chinese government's efforts to introduce economic stimulus measures to ease investor concerns about economic stability.
However, the bitcoin price hit a new record high approaching $100,000, up 9.5% for the week. There are still no meaningful selling grounds in the market.