Bitcoin Spot ETFs Soar To Nearly A Billion Dollars Daily Inflows
Bitcoin spot ETFs had a total of about $999 million in terms of net inflows on September 21, SoSoValue data shows, with investors continuing to flock to regulated Bitcoin investment vehicles.
BlackRock’s IBIT was the biggest winner at around $381 million in net inflows during the day. The fund’s cumulative net inflows have now reached approximately $64.506 billion,
followed byARK Invest and 21Shares’ ARKB at about $289 million in daily net inflows, bringing its cumulative net inflows to roughly $1.37 billion.
Total net assets for the bitcoin spot ETF market amounted to about $110.135 billion. The ETFs accounted for a 6.3% net asset ratio, while cumulative net inflows across the sector reached approximately $56.16 billion.
The latest data indicates that capital is flowing into bitcoin-backed exchange-traded products as investors continue to gain exposure to the cryptocurrency through regulated financial markets.
#AgoraGetsPreliminaryOCCApprovalForTrustBank #XRPRises8% #AIStocksWhatNext #StrategyAdds950Bitcoin
$BITCOIN
Bitcoin spot ETFs had a total of about $999 million in terms of net inflows on September 21, SoSoValue data shows, with investors continuing to flock to regulated Bitcoin investment vehicles.
BlackRock’s IBIT was the biggest winner at around $381 million in net inflows during the day. The fund’s cumulative net inflows have now reached approximately $64.506 billion,
followed byARK Invest and 21Shares’ ARKB at about $289 million in daily net inflows, bringing its cumulative net inflows to roughly $1.37 billion.
Total net assets for the bitcoin spot ETF market amounted to about $110.135 billion. The ETFs accounted for a 6.3% net asset ratio, while cumulative net inflows across the sector reached approximately $56.16 billion.
The latest data indicates that capital is flowing into bitcoin-backed exchange-traded products as investors continue to gain exposure to the cryptocurrency through regulated financial markets.
#AgoraGetsPreliminaryOCCApprovalForTrustBank #XRPRises8% #AIStocksWhatNext #StrategyAdds950Bitcoin
$BITCOIN