Galaxy

Bitcoin

Launchpool

Million

Daily

US spot Bitcoin exchange-traded funds (ETFs) achieved significant success on Wednesday, recording daily net inflows totaling $488.24 million, with all 11 funds recording either net inflows or zero flows. This follows the second-highest daily net inflow recorded on Tuesday.
<h2 id="us-spot-bitcoin-etfs-see-longest-positive-streak-seeing-488-million-in-daily-net-inflows">US Spot Bitcoin ETFs See Longest Positive Streak, Seeing $488 Million in Daily Net Inflows</h2>
According to SosoValue data, net inflows were led by Fidelity's FBTC with $221 million. BlackRock's IBIT followed closely behind with a net inflow of $155 million.
Ark Invest and 21Shares' ARKB brought in $71 million, while Bitwise's BITB saw daily net inflows of $19 million.
Grayscale's GBTC recorded net inflows for the second day in a row at $15 million. VanEck's fund and funds from Invesco and Galaxy Digital each recorded net inflows of $4 million.
Related News: <a href="https://en.bitcoinsistemi.com/binance-announces-the-altcoin-it-chose-for-the-55th-launchpool-project/" target="_blank" rel="noopener noreferrer nofollow">Binance Announces the Altcoin It Chose for the 55th Launchpool Project!</a>
Wednesday's inflows marked the 17th consecutive day for 11 spot Bitcoin ETFs to post daily net inflows, tying the longest streak of positive flows recorded in January and February earlier this year.
While the total transaction volume of 11 products was 2.09 billion dollars on Wednesday, this figure was 2.78 billion dollars on Tuesday and 1.78 billion dollars on Monday.
At the time of writing this article, Bitcoin was following a horizontal trend around $70,900. This consistent performance underscores the growing confidence and interest in Bitcoin ETFs as a solid investment vehicle in the cryptocurrency market.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/us-bitcoin-etfs-set-a-new-record-positive-daily-entry-recorded-for-the-17th-consecutive-day-here-are-the-details/" rel="noopener noreferrer nofollow">US Bitcoin ETFs Set a New Record! Positive Daily Entry Recorded for the 17th Consecutive Day! Here are the Details</a>

US Bitcoin ETFs Set a New Record! Positive Daily Entry Recorded for the 17th Consecutive Day! Here are the Details

Table of Contents

Bitcoin Sistemi EN

Other articles published on Jun 6, 2024

TRON Price Prediction for June 2024: How high can TRX go?

US Unemployment Claims Surge to 229,000, Exceeding Market Expectations

Telegram Launches Telegram Stars A New Payment System

Crypto Whales Are Buying These 3 Tokens: Cardano, Shiba Inu, and JasmyCoin

dogwifhat’s rally fizzles: Will WIF bulls regain momentum soon?

Moon Keynote 2 Launch Draws Crypto Investors to BlockDAG, Boosting Presale to Over $42.2M as BLAS...

Join our free newsletter for daily crypto updates!