Bitcoin exchange-traded funds received $663 million in a single session, their largest inflow in two months, following uneven flows over the preceding weeks. All of the investment went into BlackRock’s IBIT, offsetting the cumulative ETF outflows recorded in October. Bitcoin, which has rebounded from levels near $60,000 in June, was trading around $82,500 and approaching resistance at $84,300. Meanwhile, Switzerland’s FINMA has approved a listed fund that physically holds Bitcoin on behalf of shareholders, making it available to retail investors ahead of its planned launch on the SIX Swiss Exchange next month.
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