Franklin

Galaxy

Spot

Grayscale Bitcoin Trust

The newly launched Bitcoin Spot Exchange Traded Funds (ETFs) generated a total of $655 million in net inflows in their first day of trading.
Assuming that the BTC price was $46,500 on average during the same period, ETF funds purchased approximately net 14,000 BTC.
Bitwise Bitcoin ETF (BITB) led the way with first-day inflows of $237.90 million, followed closely by Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted $226.97 million. iShares Bitcoin Trust (IBIT) also saw significant inflows, bringing in $111.67 million.
Other notable participants include ARK 21Shares Bitcoin ETF (ARKB) at $65.33 million, Franklin Bitcoin ETF (EZBC) at $50.07 million, and Valkyrie Bitcoin Fund (BRRR) at $29.40 million. Invesco Galaxy Bitcoin ETF (BTCO), Vaneck Bitcoin Trust (HODL), and WisdomTree Bitcoin Fund (BTCW) also contributed to total inflows with $17.36 million, $10.56 million, and $0.99 million, respectively.
Related News: <a href="https://en.bitcoinsistemi.com/jpmorgan-announces-likelihood-of-ethereum-spot-etf-approval-in-may/" target="_blank" rel="noopener noreferrer nofollow">JPMorgan Announces Likelihood of Ethereum Spot ETF Approval in May</a>
There was a net outflow of $95.07 million from Grayscale's GBTC product, which draws attention with its high fee policy.
Here are the net fund inflows listed:
<ul>
 <li>Bitwise Bitcoin ETF (BITB): $237.90 million</li>
 <li>Fidelity Wise Origin Bitcoin Fund (FBTC): $226.97 million</li>
 <li>iShares Bitcoin Trust (IBIT): $111.67 million</li>
 <li>ARK 21Shares Bitcoin ETF (ARKB): $65.33 million</li>
 <li>Franklin Bitcoin ETF (EZBC): $50.07 million</li>
 <li>Valkyrie Bitcoin Fund (BRRR): $29.40 million</li>
 <li>Invesco Galaxy Bitcoin ETF (BTCO): $17.36 million</li>
 <li>Vaneck Bitcoin Trust (HODL): $10.56 million</li>
 <li>WisdomTree Bitcoin Fund (BTCW): $0.99 million</li>
 <li>Hashdex Bitcoin Futures ETF (DE FI): $0.00</li>
 <li>Grayscale Bitcoin Trust BTC (GBTC): -$95.07 million</li>
</ul>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/how-much-funds-inflows-to-bitcoin-spot-etfs-on-their-first-day-how-many-btc-did-etfs-buy-in-total-here-is-the-current-data/" rel="noopener noreferrer nofollow">How Much Funds Inflows to Bitcoin Spot ETFs on Their First Day? How Many BTC Did ETFs Buy in Total? Here is the Current Data</a>

How Much Funds Inflows to Bitcoin Spot ETFs on Their First Day? How Many BTC Did ETFs Buy in Total? Here is the Current Data

Bitcoin Sistemi EN

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