The post Bitcoin Spot ETF Sees $376.6 Million Net Inflow, Led by BlackRock and Fidelity appeared on BitcoinEthereumNews.com.

The latest data from Farside Investors has revealed that on December 7th, the net inflow for the US Bitcoin Spot ETF reached an impressive $376.6 million. This figure highlights the growing interest in cryptocurrency investments among institutional players. Notably, BlackRock’s IBIT accounted for the majority share, with an influx of $257 million, reflecting the firm’s significant commitment to digital assets. Fidelity’s FBTC followed closely, attracting $120 million, while ARK’s ARKB added an additional $24.9 million. In contrast, Grayscale’s GBTC experienced a slight outflow of $32.3 million, indicating potential investor sentiment shifts. However, Grayscale’s BTC Mini saw a marginal gain with an inflow of $6.8 million. These developments underscore the dynamic landscape of cryptocurrency and the growing institutional adoption of Bitcoin as a mainstream investment vehicle. Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-sees-376-6-million-net-inflow-led-by-blackrock-and-fidelity/

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Filed under: News - @ December 7, 2024 5:15 am