Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
U.S. spot Bitcoin ETF weekly net inflows and trading volumes hit record highs last week

U.S. spot Bitcoin ETF weekly net inflows and trading volumes hit record highs last week

Bitget2024/03/18 12:04
By:Bitget

Last week, U.S. spot Bitcoin ETFs saw record weekly net inflows and trading volumes. Net inflows into 10 spot Bitcoin ETFs last week hit $2.57 billion, a 15% increase from the $2.24 billion in net inflows the previous week, according to data from BitMEX Research and Farside Investors. BlackRock IBIT continued its dominance, with inflows of $2.48 billion. Fidelity FBTC ranked second with $717.9 million, and VanEck HODL ranked third with $247.8 million. However, GBTC saw outflows of $1.25 billion, while Invesco BTCO also saw outflows of $29.4 million. Since trading in the Bitcoin spot ETF began on January 11, net inflows currently stand at just over $12 billion.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Designated Trump? How does the trading market view the election situation?

Derivatives traders appear to be preparing for a bullish trend in Bitcoin a few days after the U.S. election on November 5.

Chaincatcher2024/10/31 19:00