Bitcoin ETF sees $11 billion inflow in November, the largest ever

Last month, the U.S. Bitcoin spot exchange-traded index fund (ETF), Ethereum spot ETF, and MicroStrategy ETF saw their monthly inflows reach all-time highs.
In a report, JP Morgan said, "Bitcoin and Ethereum spot ETFs and the MicroStrategy (MSTR) ETF saw a combined inflow of $11 billion in November.
"This is the largest monthly inflow in history," he said. "Of this, MSTR Leveraged ETFs accounted for one-third of the inflow, at $3.4 billion (approximately 509.9 billion yen)," he continued.
"Such inflows are due to increased demand from investors looking to increase their BTC exposure through ETFs," he said.
"In particular, the rise in MSTR's stock price reflects investor optimism about the company's potential earnings," he said.
"The impact of leveraged ETFs on the crypto asset market is also gradually increasing," he added.