US exchange-traded funds investing in Bitcoin saw an $870 million net inflow, their third-highest daily haul, as the digital asset flirts with a record high amid speculation about the potential outcome of the US election.
The subscriptions on Tuesday lifted year-to-date inflows for the group of 12 funds to more than $23 billion, according to data compiled by Bloomberg. The issuers of the ETFs include the likes of BlackRock Inc. and Fidelity Investments.
