Bitcoin Spot Exchange-Traded Funds (ETFs) achieved a historic milestone by accumulating over $6 billion in assets within their first month of trading, surpassing any ETF launched in the United States in the past three decades. This accomplishment occurred as Bitcoin rose above $47,000, making Bitcoin Spot ETFs the only ones among over 5,500 ETFs to reach such a significant milestone within the initial 17 trading days.
Bitcoin ETFs Inflows
Spot Bitcoin ETFs in the United States just recorded their third-largest inflow day, raking in $403 million. This significant influx of money was recorded despite outflows worth over $100 million from the Grayscale Bitcoin Trust (GBTC).
In just under a…
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