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