"Bitcoin ETFs See Record Weekly Inflows and Trading Volume"

1 min read
Source: The Block
"Bitcoin ETFs See Record Weekly Inflows and Trading Volume"
Photo: The Block
TL;DR Summary

U.S. spot bitcoin ETFs saw record weekly inflows of $2.57 billion and trading volume of $35.1 billion, with BlackRock's IBIT leading in both categories. However, Grayscale's GBTC fund experienced $1.25 billion in outflows. The bitcoin price hit a new all-time high of $73,836 before dropping over 12% to $64,505, with the broader crypto market also experiencing a decline.

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