U.S. spot Bitcoin exchange-traded funds recorded total daily net inflows of $488.24 million on Wednesday, with all 11 funds recording zero net inflows or flows. Second highest daily net inflow Recorded on Tuesday.
Fidelity’s FBTC said Wednesday it led net inflows, bringing in $221 million. data In small value. BlackRock’s IBIT added $155 million, the second-largest net inflow among funds.
Ark Invest and 21Shares’ ARKB brought in $71 million, while Bitwise’s BITB recorded daily net inflows of $19 million. Grayscale’s GBTC recorded net inflows of $15 million, marking the second consecutive day of net inflows. VanEck’s fund recorded net inflows of $4 million, while funds from Invesco and Galaxy Digital also received $4 million.
This marks the 17th straight day of daily net inflows for 11 spot Bitcoin ETFs, matching the longest streak of positive flows recorded in January and February.
Total trading volume for the 11 products reached $2.09 billion on Wednesday, compared to $2.78 billion on Tuesday and $1.78 billion on Monday.
Bitcoin BTC
-0.15%
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.