Spot Bitcoin exchange-traded funds (ETFs) experienced significant inflows, totaling $2.42 billion during the week of November 18-22, marking one of their largest weeks since launch. This surge in investment coincided with a rally in Bitcoin's price, which reached an all-time high of $99,800 amid growing global interest in the cryptocurrency. Conversely, China-based ETFs faced unprecedented outflows exceeding $2 billion, attributed to worsening economic conditions despite government stimulus efforts. Notably, the iShares China Large-Cap ETF saw nearly $1 billion withdrawn as consumer sentiment remains low in China. Bitcoin's price has historically been influenced by economic instability, which is currently reflected in the contrasting trajectories of Bitcoin ETFs and Chinese ETFs. Despite the rally, some analysts express concerns regarding the sustainability of these price increases as the market approaches the $100,000 mark.

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