Bitcoin ETFs Amass 95,000 BTC In 6 Days, Nearing $4 Bn AUM
Bitcoin ETFs have surpassed outflows from Grayscale Bitcoin Trust, holding 95,000 Bitcoin and approaching $4 billion in assets under management. Fidelity’s and BlackRock’s iShares Bitcoin Trust have both seen over $1.2 billion in inflows, with IBIT currently having more AUM at $1.4 billion.
Invesco’s ETF attracting over $63 million, while VanEck’s ETF had its best day for inflows, pushing its total assets under management beyond $100 million. On their fifth trading day, the BTC ETFs netted a combined $440 million in Bitcoin from investors.
(With inputs from Shikha Singh)
You need to login in order to Like
