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Title: [2024-07-11] US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows Post by: chmod755 on July 12, 2024, 04:00:24 AM US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions. Bitcoin ETFs in U.S. Report $147.37M Inflows, Led by Fidelity’s FBTC Spot bitcoin ETFs in the U.S. garnered an additional $147.37 million yesterday, marking the fourth straight day of inflows. This recent addition brings the cumulative total net inflow from Jan. 11, 2024, to today, to $15.42 billion. Wednesday recorded about $1.25 billion in trading volume, with eight out of 11 funds seeing gains, according to sosovalue.xyz metrics. The largest inflow on Wednesday was Fidelity’s FBTC, which attracted $57.79 million, followed by Franklin Templeton’s EZBC with $31.66 million. Blackrock’s IBIT secured $22.24 million, while Valkyrie’s BRRR brought in $20.68 million. Invesco’s and Galaxy’s BTCO collected $9.47 million, and Ark Invest’s and 21shares’ ARKB obtained $5.74 million. Bitwise’s BITB experienced $4.7 million in inflows, whereas Vaneck’s HODL saw $3.25 million. Grayscale’s Bitcoin Trust (GBTC) faced $8.15 million in outflows. Wisdomtree’s BTCW and Hashdex’s DEFI were neutral, seeing no inflows or outflows during the day. At press time, the 11 funds hold $50.62 billion in BTC, representing 4.47% of the leading crypto asset’s market cap. Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-achieve-fourth-day-of-consecutive-inflows/ |