Crypto Blog
The nine new spot Bitcoin exchange-traded funds recently approved in the United States are set to overtake the holdings of the Grayscale Bitcoin Trust today.
Lunde also highlighted the net inflow of 6,965 BTC, suggesting that the ETFs will soon surpass GBTC in holdings if the ETF inflow trend continues.of these ETFs. In less than two months since their launch, they have absorbed a remarkable amount of the Bitcoin supply, surpassing the annualized supply issuance reduction anticipated by the halving. Notably, the net inflow to U.S. spot ETFs has reached 166,936 BTC since launch.
The cumulative trading volume for all spot Bitcoin ETFs is now nearing $100 billion, a milestone likely to be achieved later today.in daily inflows, reaching a record high of $473.4 million. This figure nearly doubled the usual dominant inflow of BlackRock’s IBIT ETF, which stood at $244.2 million for the same day., Bitcoin is trading at $67,662, representing a 1.5% increase over the past 24 hours and a 10% rise over the last week.
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