US-listed exchange-traded funds saw inflows exceeding $880 million, led by Fidelity, interim data released yesterday showed.
Bitcoin rose to more than $71,000 during the past few hours as the data became public, after the FBTC fund attracted inflows worth $378 million, the highest among its counterparts.
Yesterday's trading was the best day for inflows since last March and the second highest level overall, since the launch of 11 Bitcoin exchange-traded funds last January.
Inflow activity has rebounded recently amid generally bullish sentiment following a dismal few weeks from mid-April to early May, a period that saw zero inflows on some days and even outflows from major ETFs like Black's IBIT fund. Rock.
The Binance platform intends to delete four alternative digital currencies, which are (OMG Network - OMG/USD), (WAVES/USD), (WNXM/USD), and (XEM/ USD), on June 17, following a comprehensive evaluation to maintain a safe trading environment for $BTC $BNB