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Crypto investment products experienced outflows of $206 million last week as concerns over interest rates and geopolitical turmoil led investors to withdraw funds. BlackRock's Bitcoin ETF is gaining momentum, with significant inflows and nearing Grayscale's BTC holdings.
BlackRock’s #Bitcoin ETF achieved in 71 days the same Assets Under Management as the Gold ETF (GLD) did in 808 days HUGE https://t.co/ctoFmDpagg
🚨 Spot #Bitcoin ETFs saw modest net inflows of +$31.6M for Tuesday as GBTC outflows remained well below average https://t.co/7rlLVNlHAn
Yesterday's ETF flows by @FarsideUK. We had net inflows again for $31.6 million which buys up all mined coins of 1 day. Blackrock did $37.9 million. Bitwise had $23.2 million of inflows and Ark $33.3 million. Fidelity had a rough day with $4.4 million. $GBTC outflows increased… https://t.co/AGxqW5UOZi
