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Bitcoin ETF Issuers Hold 175K BTC Despite Grayscale's Robust Outflow

source-logo  coingape.com 08 March 2024 13:20, UTC

The U.S. Spot Bitcoin ETF market remains a hotspot for investors, accumulating a staggering around 175,000 BTC since its launch despite Grayscale’s heavy outflow. Notably, the Bitcoin ETFs also continued their robust momentum this week, while Fidelity FBTC recorded its highest inflow on March 7 since its launch. However, the latest data also suggests that the BlackRock influx has cooled this week, sparking curiosity among investors.

coingape.com