U.S. Spot Bitcoin ETF Weekly Net Inflows and Volume Hit Record Highs Last Week
Last week, U.S. spot bitcoin ETFs saw record weekly net inflows and trading volume. According to BitMEX Research and Farside Investors, net inflows into the 10 spot bitcoin ETFs last week reached $2.57 billion in the Southwest, a net increase of 15% from the previous week's $2.24 billion in inflows. BlackRock IBIT continued to dominate with $2.48 billion in inflows. Fidelity FBTC was second with $717.9 million and VanEck HODL was third with $247.8 million. However, GBTC saw $1.25 billion in outflows, while Kingfisher BTCO also saw $29.4 million in outflows. Since trading in the Bitcoin Spot ETF began on January 11th, net inflows are now just over $12 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs gives a cold shoulder: Treasury buybacks have a "relatively short-lived" effect, cooling inflation is the "best remedy" to push down US Treasury yields.
Goldman Sachs is not optimistic about the effects of long-term treasury bond buybacks, stating bluntly that without fundamental changes in macroeconomic fundamentals, the Treasury’s efforts may struggle to be sustained.
Nekkar receives notice of Carried Away synthetic share trade tied to shareholder Skeie Teknologi
Reliance Industries shareholders vote on postal ballot proposals
Crypto prices
More
