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    Home ยป Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
    Bitcoin

    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day

    By adminJul. 2, 2024No Comments1 Min Read
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    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
    Bitcoin ETF Continues to Gain Momentum with Capital Inflows for the Fifth Consecutive Day
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    On May 1st, the spot Bitcoin exchange-traded funds (ETFs) in the United States experienced a significant daily inflow of $129.45 million. This marked the fifth consecutive day of net inflow for BTC after a week of downturn in the final days of June.

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    According to data from the cryptocurrency research platform SoSo Value, Wise Origin Bitcoin Fund, a subsidiary of Fidelity, had the largest inflow with $650,000. Bitwise Bitcoin ETF followed with a raise of $410,000.

    ARK 21Shares Bitcoin ETF also saw an inflow of $130,000. Meanwhile, iShares Bitcoin Trust and GBTC, two of the largest spot Bitcoin ETFs in terms of net asset value under BlackRock, did not receive any inflow on that day.

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