Bitcoin ETFs Accumulate 95,000 BTC, AUM Nears $4 Billion
TL;DR Summary
The "Newborn Nine" Bitcoin ETFs have collectively acquired 95,000 BTC, with total assets under management nearing $4 billion, indicating a growing investor appetite for digital assets. BlackRock's IBIT and Fidelity's FBTC lead in growth, each holding over 30,000 Bitcoin and surpassing $1.2 billion in inflows. This influx has outpaced the outflows from the Grayscale Bitcoin Trust, signaling a shift in investor preference towards the new ETFs, which offer regulatory clarity and ease of access.
- Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion CryptoSlate
- Bitcoin ETFs amass 95,000 BTC in 6 days, approaching $4B AUM Cointelegraph
- 1 Top Bitcoin ETF to Buy Before the Crypto Market Soars 300%, According to a Wall Street Analyst Yahoo Finance
- Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs CoinDesk
- 9 Freshly Launched Spot Bitcoin ETFs Gather Over 81000 BTC, Valued at $3.39 Billion – Bitcoin News Bitcoin.com News
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