Key highlights: Bitcoin spot ETFs have recorded four straight days of positive net inflows. Total monthly inflows are at $800 million, with experts pointing to the Coldcard hack as the trigger. Eric Balchunas noted that Bitcoin ETFs are a worthy alternative for long-term Bitcoin investing. Bitcoin spot ETFs have started August with a bang, raking […]
Tag: FBTC
Key highlights: Bitcoin ETFs have attracted $818 million in inflows in seven consecutive trading sessions. BlackRock’s IBIT is spearheading the inflows, pulling in nearly $200 million in the last week. Rising BTC prices and capital rotation from US equities are powering the ETF inflows. US spot Bitcoin exchange-traded funds (ETFs) have undergone a stellar week, […]
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 […]