Spot bitcoin ETFs continue net inflows after a rough last pre-halving week | Headlines | News | CoinMarketCap

04/23/2024 15:18
Spot bitcoin ETFs continue net inflows after a rough last pre-halving week | Headlines | News | CoinMarketCap

After breaking a five-day streak of consecutive net outflows on Friday — when the foremost cryptocurrency's block rewards officially halved — spot …

After breaking a five-day streak of consecutive net outflows on Friday — when the foremost cryptocurrency's block rewards officially halved — spot bitcoin exchange-traded funds in the United States recorded another day of net inflows on Monday.

The total net inflow for spot Bitcoin ETFs yesterday was just over $62 million, with the Fidelity Wise Origin Bitcoin Fund garnering the most significant single-day net inflow at $34.83 million, according to data from SoSoValue.

At the same time, the ARK 21Shares Bitcoin ETF brought in more than $22.5 million in net inflows, and The iShares Bitcoin Trust brought in the third-largest net inflow yesterday with $19.65 million.

The Grayscale Bitcoin Trust expectedly saw the largest single-day net outflow — which has often overpowered all other ETFs' …

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