BlackRock Drives Bitcoin ETFs’ Biggest Inflow Day in a Month
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin ETFs recorded their strongest daily inflows in a month, driven by BlackRock despite withdrawals from Fidelity and Grayscale funds, CoinDesk reported.
Bitcoin exchange-traded funds posted their largest daily net inflows in a month, with BlackRock solely responsible for the positive result, according to CoinDesk.
Fidelity’s FBTC moved in the opposite direction, recording $83.6 million in net withdrawals.
Grayscale’s GBTC also lost capital, with outflows of $54.9 million. Together, the two funds saw $138.5 million leave despite the broader inflow.
Source: CoinDesk
