Bitcoin ETF

Bitcoin

Spot

Grayscale Bitcoin Trust

Spot Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) exchange-traded funds (ETFs) in the United States recorded a cumulative daily inflow of $676.8 million, marking a new all-time high (ATH) for the ecosystem.
On Feb. 28, spot Bitcoin ETFs raked in nearly $680 million worth of investments. Out of the 10 players approved by the U.S. Securities and Exchange Commission, the daily inflows are <a href="https://farside.co.uk/?p=997" target="_blank" rel="noopener nofollow">attributed</a> to five — iShares Bitcoin Trust ($612.1 million), Fidelity Wise Origin Bitcoin Fund ($245.2 million), Bitwise Bitcoin ETF ($9.9 million), ARK 21Shares Bitcoin ETF ($23.8 million) and WisdomTree Bitcoin ETF ($2.2 million).
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 Daily capital inflows in U.S. spot Bitcoin ETFs. Source:&nbsp;farside.co.uk
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However, the Grayscale Bitcoin Trust recorded $216.4 million in outflows, thus bringing down the total inflows from $893.2 million to $676.8 million. Since Feb. 12, the spot Bitcoin ETF market in the U.S. has recorded $7.4 billion in cumulative inflows. In contrast, the market has lost over $7.8 billion due to major outflow events from Grayscale.&nbsp;
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 Spot Bitcoin ETF cumulative inflow as of Feb. 28. Source:&nbsp;Source: farside.co.uk
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The iShares contribution to Bitcoin ETFs in the U.S. remains the highest at $7.15 billion as of Feb. 28. The total inflow into spot Bitcoin ETFs has reached close to $7.4 billion to date, as shown above.
Related: <a href="https://cointelegraph.com/news/bitcoin-etf-volumes-7-billion-break-records">Spot Bitcoin ETF volumes shatter record with massive $7.7B traded</a>
Bullish crypto events in one region resonate across the globe. A recent survey featuring&nbsp;2,100 respondents shows that <a href="https://cointelegraph.com/news/australia-bitcoin-sentiment-jumps-after-bitcoin-etf-approvals">Australian retail interest in Bitcoin has increased</a> following January’s approval of spot Bitcoin ETFs in the United States.
Bitcoin sentiment — a metric that determines current investor sentiment based on trading events and market conditions — in Australia was boosted by 25% following the spot BTC ETF approval, while adoption rates have also marginally increased in 2024. 
Speaking about the rise in positive investor sentiment,&nbsp;Independent Reserve CEO Adrian Przelozny said that “sentiment has demonstrably shifted,” adding, “We’ve entered a phase of renewed optimism and growth.”
While a third of respondents showed interest in investing in Bitcoin in the long term, they were split on whether they would prefer to access Bitcoin via a crypto exchange or ETF.
Magazine: <a href="https://cointelegraph.com/magazine/digital-yuan-adoption-payments-regulation/">How the digital yuan could change the world… for better or worse</a>

Spot Bitcoin ETFs record new ATH of $680M as BTC bull run gathers pace

Cointelegraph

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