U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions. Bitcoin ETFs in U.S. Report $147.37M Inflows, Led by Fidelity’s FBTC Spot bitcoin ETFs in the U.S. garnered an additional $147.37 million yesterday, marking the […] Original
The committee also heard testimony Thursday from Christy Goldsmith Romero, the member of the Commodity Futures Trading Commission (CFTC) who President Joe Biden tapped to chair the Federal Deposit Insurance Corp.; Kristin Johnson, another CFTC commissioner, to be the Treasury Department’s assistant secretary for financial institutions; and Hawaii Insurance Commissioner Gordon Ito to be a Member of the Financial Stability Oversight Council. Source
CoinspeakerSpot Bitcoin ETFs See 4th Consecutive Days of Inflow Streak, Reaching $147M Yesterday US spot Bitcoin exchange-traded funds (ETFs) are experiencing a surge in investor interest, evidenced by a streak of net inflows. SoSo Value data shows that on Wednesday, July 10, 2024, these ETFs raked in a combined $147.37 million, marking the fourth consecutive day of positive fund flow. Fidelity Digital Assets’ FBTC fund emerged as the top performer, attracting a significant $57.79 million in net inflows. This surge suggests a major boost in investor confidence for the fund.…
The 11 U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows for the third consecutive day on Tuesday, bringing in $216.33 million. Blackrock’s IBIT was the top performer, securing $121.03 million during the trading sessions. Fidelity’s FBTC and Blackrock’s IBIT Drive Bitcoin ETF Gains With Tuesday’s gains, the cumulative total net inflows for U.S. spot bitcoin […] Original
CoinspeakerSpot Bitcoin ETFs See 3rd Consecutive Days of Inflow Streak, Reaching $216M Yesterday The US spot Bitcoin exchange-traded funds (ETFs) market is attracting renewed interest from institutional investors. On July 9, 2024, the market recorded a substantial $216.33 million in net inflows, marking the third straight day of positive inflows amid the potential shift in investor sentiment. According to data from SoSo Value, BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with an impressive $121.03 million. Fidelity Digital Assets’ Wise Origin Bitcoin Fund (FBTC) followed closely, drawing $90.95 million in…
Hours before the spot bitcoin ETFs were approved by the SEC in January, one of the listing exchanges, Cboe, added the funds to its “New Listings” page, saying that was “standard procedure” before the approval of a new ETF. If so, given that five of the potential ether ETFs will be listed on Cboe, we may well see a similar situation happening on the day that these ETFs receive approval. Source
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced their second consecutive day of inflows, accumulating $294.9 million. Blackrock’s IBIT dominated the trading sessions, attracting $187.21 million in inflows. Blackrock’s IBIT Dominates With $187.21 Million Spot bitcoin ETFs in the U.S. experienced another day of gains on Monday, capturing $294.9 million in inflows during the […] Original
Spot Bitcoin ETFs, or exchange-traded funds, experienced their highest inflows on July 6 following a substantial price drop in Bitcoin, below $55,000, during the U.S. July Fourth holiday. The latest data shows an influx of $143.1 million into these investment vehicles. Fidelity Bitcoin ETF (FBTC) is leading the charge, attracting $117 million. Close behind, the Bitwise Bitcoin ETF (BITB) saw $30.2 million in inflows, contributing to its impressive growth in holdings, now over 38,000 Bitcoins. Bitcoin ETF Flow (US$ million) – 2024-07-05 TOTAL NET FLOW: 143.1(Provisional data) IBIT: 0FBTC: 117.4BITB:…
U.S. spot bitcoin exchange-traded funds (ETFs) saw their first day of inflows following two days of outflows. The 11 funds garnered $143.1 million during Friday’s trading sessions, closing out the week on a positive note. Friday’s ETF Action Bounces Back After 2 Days of Outflows On Friday, the 11 spot bitcoin ETFs performed significantly better […] Original
As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under $54,000 early Friday, currently trading back to $56,800. That’s down 6% from the week-ago levels and roughly 23% from its all-time high above $73,500 set in mid-March. Original