Bitcoin ETFs Amass 95,000 BTC In 6 Days, Nearing $4 Bn AUM

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)

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