Bitcoin ETFs experienced another half-billion surge in inflows, with BlackRock's BTC ETF notching remarkable $1.3 billion in trading volume
Bitcoin ETFs experienced another half-billion surge in inflows, with BlackRock's BTC ETF notching remarkable $1.3 billion in trading volumeIn a resounding display of investor confidence, Bitcoin ETFs have experienced a remarkable surge in activity, with a staggering influx of $520 million reported within the past 24 hours. According to data released by Leading the charge in this surge is Fidelity's FBTC ETF, which saw a substantial addition of 4,450.6 BTC, amounting to a remarkable $243.
Amid this development, Grayscale, another significant player in the field, recorded a decrease in holdings, cutting 409.3 BTC, equivalent to $22.4 million – marking the lowest result since the introduction of The dominance of iShares Bitcoin Trust on the ETF landscape remains, boasting a commanding 128,615.4 BTC valued at a staggering $7.213 billion. closely follows with 94,455.8 BTC, nearly $5.3 billion in value, while ARK Invest's ARKB ETF rounds out the top three with 32,351.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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