Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Spot Bitcoin ETF maintains positive momentum as FIT21 bill passes House of Representatives vote.
ADOPTION NEWS

Spot Bitcoin ETF maintains positive momentum as FIT21 bill passes House of Representatives vote.

By Crypto FlexsMay 23, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Spot Bitcoin ETF maintains positive momentum as FIT21 bill passes House of Representatives vote.
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. spot Bitcoin exchange-traded fund (ETF) reported net inflows totaling $153.91 million on Wednesday, recording net inflows for the eighth straight day.

BlackRock’s IBIT had the largest net inflow among the 11 ETFs, at $92 million. data From SoSoValue. Fidelity’s spot Bitcoin ETF received $75 million in inflows, while funds from Ark Invest and 21Shares attracted $3 million on Wednesday.

Meanwhile, Grayscale’s GBTC returned to net outflow on Wednesday, with $16 million flowing in. Seven other funds, including Bitwise and VanEck, recorded zero flows.

The U.S. spot Bitcoin ETF has accumulated a total of $13.33 billion in net inflows since its launch in January. According to The Block’s data dashboard, cumulative trading volume reached more than $267 billion.

On Wednesday, the U.S. House of Representatives pass FIT21 or the 21st Century Financial Innovation and Technology Act. The Republican-led bill, which aims to set legal rules for the broad digital asset industry, is a first step toward responsible innovation that must be improved upon. said Representative Nancy Pelosi (California).

The bill would provide the Commodity Futures Trading Commission with more authority and funding to oversee cryptocurrency assets under the “digital goods” classification. In a letter published Wednesday, Stock Exchange Chairman Gary Gensler spoke publicly. criticized the bill It is intended to put digital asset investors at risk.

The U.S. cryptocurrency industry is hoping for approval of a spot ether ETF after the SEC asked exchanges to revise and resubmit their Form 19b-4s earlier this week. Apply for CboeBZX The shapes of five spot ether ETFs have improved. Apply to Nasdaq This is the revised form for BlackRock’s Spot Ether Fund.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

If this happens, you can see a huge price of $ 1.9.

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025
Most Popular

Tether Reports Record $5.2 Billion in H1 2024, Reaches Highest Treasury Holdings

July 31, 2024

Bitcoin ‘decouples,’ stock ‘loses $ 3.5t during the Trump tariff war and warns of’ high inflation ‘

April 4, 2025

Has Ethereum gotten its groove back? All About ETH’s 7% Rise in 24 Hours

April 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.