Source

Galaxy

Bitcoin

BlackRock

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted $107.91 million in net inflows, marking the longest streak since mid-March’s 10-day run. 
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 <img loading="lazy" decoding="async" width="1024" height="392" src="https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs-1024x392.png" alt="BlackRock's IBIT Leads Inflows in U.S. Spot Bitcoin ETFs" class="wp-image-178990" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs-1024x392.png 1024w, https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs-800x306.png 800w, https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs-768x294.png 768w, https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs-860x329.png 860w, https://www.cryptotimes.io/wp-content/uploads/2024/05/BlackRocks-IBIT-Leads-Inflows-in-U.S.-Spot-Bitcoin-ETFs.png 1132w" sizes="(max-width: 1024px) 100vw, 1024px">
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 Source : SoSoValue
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According to <a href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank" rel="noreferrer noopener nofollow">SoSoValue</a> data, IBIT from BlackRock led with $89 million in inflows, followed by FBTC from Fidelity at $19 million and VanEck’s fund at $10 million. Ark Invest and 21Shares’ fund, as well as Invesco and Galaxy Digital’s ETF, each received $2 million in inflows. 
Meanwhile, Grayscale’s converted GBTC saw an outflow of $14 million, while other funds like Bitwise and Valkyrie recorded no flows. 
Since their January launch, investors have poured over $13.43 billion into these 11 ETFs, though inflows have tapered off from their peak in March, while Bitcoin’s price has <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noreferrer noopener nofollow">fallen </a>by 3.58% in the last 24 hours to reach $67,119. 
After market close on Thursday, the U.S. Securities and Exchange Commission approved 19b-4 forms for eight spot Ethereum ETFs from major firms, yet trading awaits S-1 registration statement approval. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/22/nasdaq-submit-updated-forms-for-blackrock-ethereum-etf/" target="_blank" rel="noreferrer noopener">Nasdaq Submit Updated Forms for Blackrock Ethereum ETF</a> 
</blockquote>

Bitcoin ETFs Record Ninth Consecutive Day of Net Inflows

The Crypto Times

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