Posted 4/2/2024, 1:19:58 PM
Bitcoin ETFs See $92 Million Inflows as Major Funds Add Over 13,500 BTC, Grayscale Sees Outflows
- Nine ETFs added 1,352 BTC to holdings, equaling $92.3 million market value increase
- iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund saw significant inflows (8,885 BTC and 8,679 BTC)
- Grayscale Bitcoin Trust saw notable outflow of 15,098 BTC
- ETFs collectively hold 835,124 BTC, with 7-day net inflow of 11,029 BTC ($732 million value)
- Data shows evolving landscape and increased investor confidence in Bitcoin ETFs