Five of the 10 approved ETFs recorded positive inflows that overshadowed the GBTC outflows, bringing in a total of $30.4 million to the spot BTC ETF market.Anticipating an increase in market value post-halving, investment strategies worldwide recommended adding Bitcoin to existing portfolios. The Bitcoin ETF market followed through with the strategy while putting an end to an outflow streak dating back to April 12., the U.S.
Negating cumulative outflows of $47.6 million from GBTC and Fidelity Wise Origin Bitcoin Fund , Fidelity Wise Origin Bitcoin Fund brought in $54.8 million right before the Bitcoin halving event commenced.
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