"Bitcoin ETFs Reverse Outflow Trend, Crypto Fund Outflows Hit Record"
TL;DR Summary
Spot bitcoin exchange-traded funds (ETFs) saw a total net inflow of $15.7 million yesterday, breaking a five-day outflow streak. Fidelity's FBTC received the highest single-day net inflow of approximately $261 million, while BlackRock's IBIT saw an inflow of roughly $35.5 million. However, Grayscale's GBTC experienced a single-day net outflow of $350 million. The fervor for spot bitcoin ETFs has relaxed somewhat in recent days, with assets under management plateauing and volumes decreasing from their early March peak.
- Spot bitcoin ETFs break five-day outflow streak The Block
- Crypto Fund Outflows Hit a Record Last Week, CoinShares Says Bloomberg
- Bitcoin ETFs Snap Outflows Streak, Accumulate $15.4M CoinDesk
- Cryptocurrency Market News: SEC Wants To Define Ether as a Security, Bitcoin Rebounds Investopedia
- Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week Yahoo Finance
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