Bitcoin ETFs Experience Record Inflows, Led by BlackRock and Fidelity
- Bitcoin ETFs recorded their best trading day since May 2, with total inflows reaching $667.4 million.
- Fidelity’s Wise Origin Bitcoin Fund saw a $188 million increase in net assets within 24 hours.
- BlackRock’s iShares Bitcoin Trust dominated the market, attracting $305.9 million on Monday.
- The ARK 21Shares Bitcoin ETF contributed significantly to the inflows alongside Fidelity.
- Bitcoin has traded above $100,000 for 12 consecutive days, closing at $105,137.
On Monday, Bitcoin ETFs experienced significant inflows totaling $667.4 million, with BlackRock’s iShares Bitcoin Trust leading the market by pulling in $305.9 million. Fidelity’s Wise Origin Bitcoin Fund also saw substantial growth with a $188 million increase in net assets.
Source (2.6)https://decrypt.co/321026/fidelity-ark-funds-pull-in-343m-as-bitcoin-etf-flows-spike?rand=52368
