Bitcoin ETF

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Spot Bitcoin exchange-traded funds (ETFs) in the US recorded significant investment inflows on Wednesday, with daily net inflows totaling $28.32 million. This marks the 12th consecutive day of net inflows, the longest streak since late February.
<h2 id="blackrock-s-ibit-leads-net-inflows-in-spot-bitcoin-etfs">BlackRock's IBIT Leads Net Inflows in Spot Bitcoin ETFs</h2>
BlackRock's iShares Bitcoin Trust (IBIT) led the way, attracting $24.5 million in new funding, according to SoSoValue data.
This performance solidified IBIT's position as the largest Bitcoin ETF by net assets under management, a title it achieved just a day ago.
In contrast, Grayscale's Bitcoin Trust (GBTC) experienced a net outflow of $31 million, widening the gap between GBTC and IBIT even further. The third-largest spot Bitcoin ETF, Fidelity's Fidelity Bitcoin Trust (FBTC), followed IBIT with net inflows of $18 million.
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-exchange-okx-announces-19th-proof-of-asset-reserve-significant-change-in-bitcoin-and-ethereum-assets-attracted-attention-here-are-the-details/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Exchange OKX Announces 19th Proof of Asset Reserve! Significant Change in Bitcoin and Ethereum Assets Attracted Attention! Here are the Details</a>
Additionally, Bitwise's ETF saw net inflows of $11 million, while ETFs from Ark Invest, 21Shares, Invesco, Galaxy Digital, and WisdomTree reported smaller but positive inflows.
In total, 11 spot Bitcoin ETFs have generated over $2 billion in net inflows over the past 12 days, bringing the cumulative total since January to $13.76 billion.
This influx underscores growing investor confidence and interest in Bitcoin ETFs as a vehicle for cryptocurrency investment.
While the Bitcoin ETF market is showing strong activity, US ETF issuers are preparing for the launch of spot Ethereum ETFs.
The Securities and Exchange Commission (SEC) recently approved 19b-4 forms for these funds. However, firms still need to have the SEC approve their S-1 forms before spot ETH funds can begin trading.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-etfs-experience-positive-inflows-for-the-12th-consecutive-day-which-company-leads-here-are-the-details/" rel="noopener noreferrer nofollow">Bitcoin ETFs Experience Positive Inflows for the 12th Consecutive Day! Which Company Leads? Here are the Details</a>

Bitcoin ETFs Experience Positive Inflows for the 12th Consecutive Day! Which Company Leads? Here are the Details

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