Bitcoin

<ul><li>U.S. spot Bitcoin ETFs marked their 13th consecutive day of net inflows, with Fidelity&#39;s FBTC leading the pack by attracting $119 million.</li><li>Ark Invest&#39;s ARKB saw an outflow of $100 million, its largest since January.</li><li>Spot Bitcoin ETFs in Hong Kong have garnered $247.3 million in net inflows since launch.</li></ul>Ever since the U.S. Securities and Exchange Commission (SEC) <a href="https://newzchain.com/sec-greenlights-bitcoin-etfs-cue-the-confetti/" rel="noopener noreferrer nofollow">approved multiples spot Bitcoin exchange-traded funds (ETFs)</a> in January this year, the financial landscape has been keeping a tap and talking about these ETFs.On Thursday, U.S. spot Bitcoin ETFs experienced their 13th consecutive day of net inflows, attracting $48.71 million. Significant fund movements were observed in two Bitcoin funds from Fidelity and Ark Invest with 21Shares.Ark Invest’s spot Bitcoin ETF, ARKB, <a href="https://x.com/cryptocom_rni/status/1796496296393818546" rel="noopener noreferrer nofollow">encountered a substantial net outflow</a>, with $100 million exiting the fund, marking its largest single-day outflow since its launch in January. Conversely, Fidelity’s FBTC led net inflows, receiving $119 million.Additionally, Bitwise’s BITB gained $26 million, whereas BlackRock’s IBIT experienced a modest net inflow of $2 million. Similarly, the Invesco and Galaxy Digital Bitcoin ETF also reported $2 million in net inflows. However, Grayscale’s GBTC, which recently became the second-largest Bitcoin ETF by net assets, <a href="https://x.com/cryptocom_rni/status/1796496299950547064" rel="noopener noreferrer nofollow">recorded no flows</a>.Meanwhile, <a href="https://x.com/cryptocom_rni/status/1796496302915846149" rel="noopener noreferrer nofollow">recent data</a> from Asia reveals that since launch, <a href="https://newzchain.com/hong-kong-approves-multiple-spot-bitcoin-and-ethereum-etfs/" rel="noopener noreferrer nofollow">spot Bitcoin ETFs in Hong Kong</a> have experienced a total net inflow of $247.3 million, while spot Ether ETFs have attracted $52.5 million. However, both ETFs reported no net flow activity on Thursday.This news was originally published on <a href="https://newzchain.com/spot-bitcoin-etfs-record-movements-fidelity-leads-inflows/" rel="noopener noreferrer nofollow">Newzchain</a>.

Spot Bitcoin ETFs See Record Movements With Fidelity Leading the Pack

Newzchain

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