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BlackRock’s Bitcoin ETF Extends Into Inflow Streak

source-logo  u.today 24 April 2024 05:00, UTC

On Tuesday, Bitcoin ETFs managed to record $31.6 million of net flows, according to the latest data provided by London-based investment management firm Farside Investors.

BlackRock's IBIT managed to extend its streak of inflows, recording 71 days in the green.

Ark's ARB and Bitwise's BITB also saw decent inflows ($33.3 and $23.3, respectively).

Fidelity's $4.4 saw relatively modest inflows of just $4.4 million, lagging behind its competitors after recently breaking its streak of uninterrupted daily inflows.

In the meantime, Grayscale's GBTC saw significant outflows that approached $67 million.

u.today