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Bitcoin ETFs Near 1 Million BTC Mark Amid Record Inflows

  • Bitcoin ETFs are nearing 1 million BTC in total holdings, fueled by significant inflows, particularly from BlackRock's IBIT.
  • Retail investors are driving the majority of BTC ETF demand.
  • The rapid growth of BTC ETFs, especially BlackRock's IBIT, suggests strong investor confidence in Bitcoin and potential for future price appreciation.
  • November could prove crucial for the cryptocurrency market, with several key events on the horizon.

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