Bitcoin ETF

Bitcoin

when

Spot

Grayscale Bitcoin Trust

<ul class="news-points">
 <li>Spot Bitcoin ETFs witnessed the highest inflows since March 12.</li>
 <li>The ETFs witnessed $900 million in net inflows.</li>
 <li>Fidelity’s FBTC saw the largest inflow with $378.7 million.</li>
</ul>
The US Spot Bitcoin ETFs experienced their second-best day ever in net inflows, totaling $887 million.
The Fidelity Wise Origin Bitcoin Fund (FBTC) led with $378.7 million, followed closely by BlackRock’s iShares Bitcoin Trust (IBIT), which attracted $275 million. The figures were presented by Farside Investors and corroborated by HODL15Capital. The third-highest performer was the ARK 21Shares Bitcoin ETF (ARKB), which recorded over $138 million in net inflows.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> FINAL 6/4 U.S. Bitcoin ETF inflows of +$887 MILLION. On the 100th trading day, the ETFs purchased 12,590 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> (which is 28 days' supply) <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/X8dnnh69ZX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/X8dnnh69ZX</a>— HODL15Capital <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@HODL15Capital) <a href="https://twitter.com/HODL15Capital/status/1798175895158661424?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 5, 2024</a>
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This influx of capital marks the highest net inflows for these funds since March 12, when they collectively took in a record $1.04 billion leading to a new all-time high for BTC the following day.
The Grayscale Bitcoin Trust (GBTC) also saw a rare day of positive inflows, receiving $28.2 million. This event…
The post <a href="https://coinedition.com/bitcoin-etfs-surge-second-highest-inflows-ever-signal-renewed-investor-confidence/" rel="noopener noreferrer nofollow">Bitcoin ETFs Surge: Second-Highest Inflows Ever Signal Renewed Investor Confidence</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin ETFs Surge: Second-Highest Inflows Ever Signal Renewed Investor Confidence

Coin Edition

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