Bitcoin ETFs roar back with second day of $900M+ inflows
While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.
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While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.
BlackRock, ARK 21Shares and Fidelity’s Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.
Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day.
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.
United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month.
BlackRock, Franklin Templeton, and VanEck have reportedly received preliminary approval from the US securities regulator, sources say.
Earlier in the day, BlackRock registered corporate entity “iShares Ethereum Trust” in Delaware, the first hint that a filing for a spot Ethereum ETF filing […]
