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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
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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.

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