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Bitcoin ETFs witnessed massive inflows totalling $912.7 million on April 22, marking their strongest performance since January 20, when bitcoin reached its previous all-time high above $108,000. The surge coincides with bitcoin’s price breaking above $94,000 for the first time in 51 days.
ARK 21Shares Bitcoin ETF (ARKB) led the inflows with $267.1 million, its second-largest daily inflow since launch. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $253.8 million, while BlackRock’s iShares Bitcoin Trust (IBIT) secured $193.5 million.
The substantial inflows came as bitcoin surged above 6% in 24 hours, climbing from $88,610 to $94,115. The rally gained momentum…
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