Fast Take
Farside information exhibits that Bitcoin (BTC) exchange-traded funds (ETFs) amassed a powerful $948.3 million over 5 consecutive buying and selling days. This exceptional streak marks the primary time such a feat has been achieved from March 11 to March 15.
Farside information exhibits that on Might 17 alone, the BTC ETFs witnessed a staggering $221.5 million in web inflows, with eight out of the 11 ETFs recording optimistic inflows. Constancy’s FBTC led the cost, attracting $99.4 million, bringing its complete web inflows to a exceptional $8.5 billion. BlackRock’s IBIT adopted intently, with a $38.1 million influx, taking its complete web inflows to $15.6 billion. Grayscale’s GBTC additionally continued its optimistic momentum, recording a $31.6 million influx, marking its third consecutive day of inflows. Regardless of this, GBTC’s complete outflows stand at $17.6 billion. Collectively, the ETFs have amassed a web complete of $12.6 billion.
In response to information from heyapollo, the 9 new BTC ETFs have surpassed 550,000 BTC in holdings, whereas Grayscale’s GBTC holds roughly 289,000 BTC.
