Trivew 8

nineteen

Summary

  • U.S. spot Bitcoin ETFs recorded net inflows of $257.29 million.
  • Inflows were seen in products from major managers including BlackRock IBIT, Fidelity FBTC, ARK Invest ARKB, and Bitwise BITB.
  • With Bitcoin prices repeatedly moving up and down in the mid-$60,000 range, ETF fund flows are acting as a short-term supply-demand variable.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) posted net inflows.

According to data compiled by Trader T on the 24th (local time), total net inflows into spot Bitcoin ETFs came to $257.29 million on the day.

Inflows were concentrated in products from major asset managers. BlackRock’s IBIT saw $78.52 million in inflows, while Fidelity’s FBTC drew $82.81 million. ARK Invest’s ARKB recorded $71.14 million, and Bitwise’s BITB posted $3.50 million in net inflows.

VanEck’s HODL attracted $12.76 million, and Grayscale’s mini BTC took in $8.56 million. Meanwhile, there were no flows in or out of Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW, or Grayscale’s GBTC.

With Bitcoin prices continuing to fluctuate in the mid-$60,000 range, ETF fund flows are acting as a short-term supply-demand factor.

nineteen

nineteen

nineteen@bloomingbit.ioHello, I'm a reporter at bloomingbit
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News