Bitcoin ETF Inflows Rebound to $854M as Lower-Fee Products Attract Investors
• Investors put $854 million into Bitcoin ETFs this week after a slowdown last week • BlackRock's iShares Bitcoin Trust (IBIT) remains the most popular product with $17.7 billion in assets under management • SEC approved 11 Bitcoin ETFs in January, allowing investors to buy shares tied to Bitcoin's price • Grayscale's GBTC fund seeing outflows as investors move to lower fee funds • Bitcoin price up nearly 50% since ETF approvals on January 11, currently at $69,618