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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin ETFs achieve $15.5 billion in total inflows

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Farside data shows that Bitcoin Exchange Traded Funds (ETFs) experienced another inflow, marking the fifth consecutive trading day of positive inflows. Bitcoin ETFs saw an inflow of $78.9 million. This trend was observed among the four largest ETF issuers, excluding Grayscale, which reported an outflow.

BlackRock’s IBIT led the inflows with a substantial $72.1 million, bringing their total net inflows to an impressive $18.1 billion. Fidelity’s FBTC followed with an inflow of $32.7 million, raising its total net inflows to $9.6 billion. Bitwise’s BITB attracted $7.5 million, pushing its net inflows to $2.1 billion. ARK’s ARKB recorded an inflow of $4.3 million, resulting in total net inflows of $2.5 billion. In contrast, Grayscale’s GBTC experienced an outflow of $37.7 million, increasing its total outflows to $18.7 billion. Despite this, the overall picture for Bitcoin ETFs remains positive, with total inflows reaching $15.5 billion, according to Farside data,

Bitcoin ETF Flow Table: (Source: Farside)
Bitcoin ETF Flow Table: (Source: Farside)

The post Bitcoin ETFs achieve $15.5 billion in total inflows appeared first on CryptoSlate.

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