Key highlights: US-based bitcoin spot ETFs have raked in $221 million worth of inflows in a single day Fidelity’s FBTC led the inflows while BlackRock’s IBIT recorded losses Bitcoin has surged above the $60,000 mark, buoyed by positive US macroeconomic data and capital flight from tech stocks Bitcoin spot ETFs have ended a 10-day losing […]
Tag: FBTC
By Jordan Lyanchev April turned out to be the best month for the cryptocurrency markets on different fronts since late last year, with BTC posting a double-digit surge and the spot Bitcoin ETFs attracting almost $2 billion. At the same time, the exchange-traded funds tracking the world’s largest altcoin stopped a five-month painful streak, in […]
By admin Bitcoin has recently pulled back amid escalating headlines surrounding the Iran conflict, even as spot Bitcoin ETFs register their strongest inflows in months. This divergence highlights a market caught between short-term geopolitical anxiety and longer-term institutional accumulation. Reports that Iran moved to close the Strait of Hormuz, a critical global oil chokepoint, triggered […]