Bitcoin Sees Positive Fund Flows Despite Chaos In The Broader Market
Eric Balchunas
Eric Balchunas, a senior analyst at Bloomberg ETF, has observed that despite the broader decline in the cryptocurrency market, Bitcoin ETFs have continued to experience
United States spot Bitcoin exchange-traded funds (ETFs) have maintained positive flows for eight out of the past ten consecutive trading days. On Aug. 20, the ETFs saw
Bitcoin ETFs continue their bullish streak, with nine consecutive days of positive inflows. BlackRock’s IBIT led the charge with $295.63 million in inflows on Tuesday
Bitcoin
Bitcoin-based investment products dominated the market, with US ETFs stealing the show. Bitcoin funds saw $38 billion in inflows, representing 29$ of the total assets under
FBTC came in as the Bitcoin spot ETF with the highest net inflow last week. Fidelity Bitcoin ETF sees a $275 million net inflow, bringing the total to $12.11 billion.
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Spot Bitcoin ETFs maintain positive flows for 8 out of
Bitcoin sees positive fund flows despite chaos in the
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