India, Sept. 22 -- Buying pressure from ETF flows has bolstered crypto market sentiment, lifting Bitcoin to a 24-hour high of $87,360. Aggregate market capitalization increased more than a percent amidst a massive liquidation of short positions and a broad-based crypto rally.
Amidst Wall Street's tech-led rally, Bitcoin Spot ETF products in the U.S. witnessed net inflows jumping to $999 million on Monday from $433 million on Friday. iShares Bitcoin Trust ETF (IBIT) topped with net inflows of $381 million. ARK 21Shares Bitcoin ETF (ARKB) recorded net inflows of $289 million followed by Fidelity Wise Origin Bitcoin Fund (FBTC) that recorded net inflows of $239 million.
Ethereum Spot ETF products in the U.S. also witnessed net inflows rising...