Net $680 million flows into Bitcoin ETFs as Grayscale outflows tick back up to $276 million

Net $680 million flows into Bitcoin ETFs as Grayscale outflows tick back up to $276 million
фото показано с : cryptoslate.com

2024-3-14 13:53

Bitcoin ETFs continued their strong performance on March 13, with a net inflow of $683.7 million, according to data from Bitmex Research. This marks another positive day for Bitcoin ETFs, following the surge in inflows seen on March 12.

Per Bitmex Research ETF flow data, BlackRock’s iShares Bitcoin ETF (IBIT) again led the way, attracting $586.5 million in new investments. Fidelity’s FBTC fund also maintained its momentum, with inflows of $281.5 million.

Other Newborn Nine ETFs that experienced significant inflows include Bitwise’s BITB fund ($5.6 million) and ARK Invest’s ARKB fund ($44.6 million). Franklin Templeton EZBC fund saw a strong uptick with flows of $19.1 million, its highest inflow since launch day. Invesco Galaxy stemmed the bleeding somewhat with zero net flows after three days of heavy outflows. VanEck continued to see increased flows after waiving fees with a further $16.5 million after two days of heavy inflows. However, Grayscale saw increased outflows again, with $276.5 million leaving the fund.

Bitcoin ETF flows M (Source: Bitmex Research)

In terms of Bitcoin, the net inflow amounted to 9,346.2 BTC, per Bitmex Research ETF flow data. BlackRock’s IBIT fund accounted for 8,017.1 BTC of the total inflow, while Fidelity’s FBTC fund added 3,847.5 BTC. Bitwise’s BITB fund saw an inflow of 76.3 BTC, ARK Invest’s ARKB fund gained 609.6 BTC, and VanEck’s HODL fund attracted 226.2 BTC.

Bitcoin ETF flows BTC (Source: Bitmex Research)

The consistent growth in Bitcoin ETF inflows demonstrates the sustained mainstream adoption of Bitcoin as an investment asset. As more institutional and retail investors allocate funds to Bitcoin ETFs, the crypto market will likely experience greater stability and liquidity in the long run.

The post Net $680 million flows into Bitcoin ETFs as Grayscale outflows tick back up to $276 million appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 61659.15 (-0.23%)
Объем 24H $25.714b
Изменеия 24h: -1.38 %, 7d: -3.62 %
Cегодня L: $61494.57 - H: $63088.03
Капитализация $1214.418b Rank 1
Цена в час новости $ 70377.9 (-12.39%)

bitcoin million etfs march marks bitmex research

Источник: cryptoslate.com

bitcoin million → Результатов: 126


Bitcoin Fees Soar Above Ethereum’s As Investors Flock To Ordinals-Backed Assets

CryptoFees data shows that Bitcoin daily fees averaged $10. 65 million from November 16 to November 18, surpassing Ethereum’s average fee of nearly $7 million for the same period. Until 2024, the US Securities and Exchange Commission (SEC) is deferring decisions on several Bitcoin ETF applications, despite the market’s increasing optimism about the approval of a spot Bitcoin exchange-traded fund (ETF) in the US.

2023-11-21 09:36


Фото:

Bitcoin’s rally near $28,000 sparks $75 million in market liquidations

Quick Take Bitcoin exhibited a price surge of more than 2.5% in the last 24 hours and an overall increase of 4% across the weekend, positioning it just under the noteworthy $28,000 mark. This uptick in Bitcoin’s value has had a significant ripple effect on the broader crypto market, instigating a total of $75 million […] The post Bitcoin’s rally near $28,000 sparks $75 million in market liquidations appeared first on CryptoSlate.

2023-10-16 11:51


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Surge in Bitcoin to OTC desks potentially marks a local peak

Quick Take The recent stagnation in Bitcoin’s price has been accompanied by a significant influx of Bitcoin (BTC) into the over-the-counter (OTC) trading desks, a trend that has historically signaled the approach of local tops and bottoms.