Coin Edition
Published Apr 23, 2024 19:53
Updated Apr 23, 2024 20:15
BTC Rallies Amid Increasing ETF Net Inflow Days After Bitcoin Halving
Data from Soso Value, the platform for ETF data aggregation, shows that the total net inflow of Bitcoin spot ETF on Monday, April 22, was $62.0899 million. Significantly impacting this net inflow was the outflow from the GrayScale GBTC, which Soso Value recorded as $34.993 million.
Fidelity’s FBTC topped the ETF inflows on that particular day, with an influx of $34.8334 million worth of investment, pushing the historical cumulative net inflow of the Bitcoin spot ETF to $12.384 billion. Other ETFs added to this cumulative net inflow, with Ark Investment’s…
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