Bitcoin ETFs have seen a significant increase in net flows, with global ETFs now holding over 1 million BTC, equivalent to around 5% of the circulating supply. In the US, there have been over $2 billion inflows into Bitcoin ETFs in the last two weeks, with notable contributions from BlackRock's iShares Bitcoin Trust and Fidelity's FBTC.
[COINSHARES] Digital asset investment products saw $1.05 billion in inflows for the third consecutive week, bringing year-to-date inflows to a record $14.9 billion. #Ethereum had $36 million in inflows this week, likely due to the $ETH ETF approval in the US https://t.co/HssysZWPA8
Daily outflows of Grayscale's #Ethereum ETF could reach $110m - Kaiko 🫣 👇Full report here👇 https://t.co/RBSDynXbOY https://t.co/EbdAyvmQU8
🚨JUST IN: CRYPTO INVESTMENT PRODUCTS SHATTER RECORDS WITH $1.05 BILLION INFLOWS LAST WEEK ~ COINSHARES