Bitcoin - Overview as of 11/25/2024

Financial and commodity markets analytics


In the U.S.

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.

Chinese ETFs

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.