Spot bitcoin exchange-traded funds in the U.S. returned to net inflows on Tuesday, drawing in a total of $31 million. This follows seven consecutive trading days of net outflows from the 11 bitcoin funds.
On the other hand, Grayscale’s GBTC saw net outflows of $30.3 million. Ark Invest and 21Shares’ ARKB reported $6 million in net outflows. The 11 spot bitcoin funds, which debuted in January, have accumulated a total net inflow of $14.42 billion as of Tuesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTCShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Crosses $71K as BTC ETFs Score $880M Inflows; Kraken Lists PoliFi Tokens BODEN and TREMP'CoinDesk Daily' host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as U.S.-listed spot bitcoin ETFs recorded over $880 million in inflows on Tuesday, making it the best day of inflows since March. Plus, PoliFi tokens BODEN and TREMP saw gains after Kraken listing and a group of U.S.
Source: CoinDesk - 🏆 291. / 63 Read more »