On Tuesday, the inflow into twelve bitcoin-ETFs followed by Bloomberg was 870 million dollars (approximately 9.2 billion kronor). This is the third highest level measured and it raises the inflow into the funds since the turn of the year to over 23 billion dollars (245 billion kronor).
Among the fund managers are financial giants such as Blackrock and Fidelity Investment.
Favorable odds for the Republican presidential candidate Donald Trump ahead of the election on November 5 are pointed out as a factor that increases the demand for exposure to cryptocurrencies, according to some analysts.
Former President Trump has clearly taken a stance in favor of cryptocurrencies in his campaign, while the Democratic candidate – Vice President Kamala Harris – has backed proposals for stricter regulation of the industry.
The cryptocurrency bitcoin's exchange rate has risen by over 70 percent since the turn of the year to 72,330 dollars in early trading on Wednesday – significantly more than both stock exchanges and precious metals such as gold.
