Pantera Capital Predicts Cryptocurrencies Have Hit Bottom, Awaiting "Massive Rally"

According to Glassnode, inflows into Canadian bitcoin ETFs have reached an all-time high with an additional 6,594 bitcoins

Bitcoin ETFs are often discussed in Canada because, unlike the U.S., the government has approved multiple backed ETFs via actual bitcoin rather than bitcoin futures contracts.

Among the various funds registered in Canada, the Purpose Bitcoin ETF saw the fastest growth in holdings during the period, with net growth of 18.7% to 35,000 bitcoins. glassnode sai d said in a report Monday that the gains occurred amid a "storm of macro and geopolitical hurdles.