Spot bitcoin ETFs maintain positive momentum as FIT21 bill passes House vote | Headlines | News | CoinMarketCap
05/23/2024 11:59
Spot bitcoin exchange-traded funds in the U.S. reported total net inflows of $153.91 million on Wednesday, logging their eighth consecutive day of …
Spot bitcoin exchange-traded funds in the U.S. reported total net inflows of $153.91 million on Wednesday, logging their eighth consecutive day of net inflows.
BlackRock’s IBIT recorded the largest net inflows of $92 million among the 11 ETFs, according to data from SoSoValue. Fidelity’s spot bitcoin ETF followed with inflows of $75 million, while Ark Invest and 21Shares’ fund drew in $3 million on Wednesday.
Meanwhile, Grayscale’s GBTC has returned to net outflows on Wednesday, with $16 million pouring out. Seven other funds from Bitwise, VanEck and others, recorded zero flows.
Since their debut in January, the U.S. spot bitcoin ETFs have accumulated a total net inflow of $13.33 billion. According to The Block's Data Dashboard, more than $267 billion in cumulative volume has …