The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million. United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
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Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum. More than $640 million worth of Bitcoin flowed out of crypto asset manager Grayscale’s spot Bitcoin ETF on March 18, marking the largest day of outflows for the…
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Bloomberg ETF investigator Eric Balchunas says while it’s improbable, there’s as yet a remote possibility that the SEC could give over the “floor covering pull of 10 years.” While the odds are thin, a spot Bitcoin trade exchanged store (ETF) being dismissed for this present month will doubtlessly be because of the Protections and Trade…
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