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US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack…

Continue ReadingUS Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

Fidelity’s FBTC Leads the Pack as US Spot Bitcoin ETFs Break Negative Streak

US spot Bitcoin ETFs finally reversed their streak of net outflows, bringing in $31 million in net inflows. This positive shift followed a seven-day period of continuous net outflows across…

Continue ReadingFidelity’s FBTC Leads the Pack as US Spot Bitcoin ETFs Break Negative Streak

Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction,…

Continue ReadingFifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses

US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative…

Continue ReadingUS Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M

US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting…

Continue ReadingUS Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday

Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team

Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily…

Continue ReadingFidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team

Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from…

Continue ReadingInvestor Confidence Soars With $488M Inflows Into US Bitcoin ETFs

US Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC

On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC…

Continue ReadingUS Spot Bitcoin ETFs Record Second-Highest Inflows at $886.6M, Led by Fidelity’s FBTC