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Bitcoin ETFs Surge: $4.7 Billion Inflow

Spot Bitcoin ETFs Record $4.7 Billion Inflows Over Seven Days

  • US-based spot Bitcoin ETFs saw a net influx of $517 million on January 24.
  • This marked the seventh consecutive day of positive capital inflow for these funds.
  • The Fidelity Wise Origin Bitcoin Fund led with an inflow of over $186 million.
  • ARK 21Shares Bitcoin ETF followed with approximately $169 million in inflows.
  • BlackRock’s iShares Bitcoin Trust added more than $155 million in value that day.

The US-based spot Bitcoin ETFs experienced a significant single-day influx of $517 million, contributing to a seven-day total of $4.7 billion in capital inflows, highlighting growing investor interest and market stability around the cryptocurrency’s price at approximately $104,500.

Source (2.6)https://www.newsbtc.com/bitcoin-news/spot-bitcoin-etfs-record-staggering-4-7-billion/?rand=52377
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