🚀 Bitcoin ETFs are making waves! In just 3 days, they've attracted 21,000 BTC ($894M) in net inflows! 🌊 BlackRock's IBIT leads with 16,362 BTC, followed by Fidelity's FBTC with 12,112 BTC. However, Grayscale's GBTC lost 25,000 BTC, lowering the overall industry inflow. 📉

With GBTC's management fee still higher than its competitors & no longer trading at a discount to NAV, holders have good reason to sell. 💸 But the new money coming into ETFs still outshines that, leading to net inflows overall. 📈

So, was the Bitcoin ETF launch a success or a bust? 🤔 Let us know your thoughts in the comments! 👇 #BitcoinETF #CryptoTrading