Bitcoin spot ETF net inflows now total over $4 billion since launch, Coinshares analyst says | Headlines | News | CoinMarketCap
02/14/2024 22:33
Net inflows into newly approved U.S. spot …
Published on February 14, 2024 15:10 GMT+00:00edited on February 14, 2024 15:14 GMT+00:00
Net inflows into newly approved U.S. spot bitcoin ETFs have reached a total of $4 billion as of Tuesday, according CoinShares Head of Research James Butterfill.
"Yesterday saw the largest net inflows of $651 million since the launch day on January 11," Butterfill posted on X.com.
Spot bitcoin ETFs began trading on Jan. 11, 2024, when 11 funds were approved from Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity and Franklin.
Spot bitcoin ETF fund flows sine January 11. Image: CoinShares.
Tuesday's CoinShares report added that net flow …