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Bitcoin (BTC) ETFs Witness $343M Inflow, Coin Rebounds to $63K: A New Era in Crypto Investments

14d ago
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  • U.S. Bitcoin spot ETF sees first positive fund flow in seven days, with $343M.
  • Grayscale’s Bitcoin Trust records its first-ever inflow since inception, after draining over $12 billion.
  • Institutional interest rekindles as Bitcoin reclaims the $63,500 threshold.

After seven consecutive days of negative flow, the U.S. Bitcoin spot ETF records a positive fund flow of $343M. Grayscale’s Bitcoin Trust also sees its first-ever inflow since inception. This comes as Bitcoin reclaims the $63,500 threshold, sparking renewed institutional interest.

U.S. Bitcoin Spot ETF Records Positive Fund Flow

The U.S. Bitcoin spot exchange-traded fund (ETF) has witnessed the first positive fund flow after seven consecutive days of trading with negative flow. According to public records, U.S. Bitcoin spot ETFs ended Friday trading with a net inflow of $343 million. This influx was influenced by Fidelity’s FBTC, which alone witnessed a positive flow of $102.6 million.

Grayscale’s Bi... Read the full article for FREE at COINOTAG!

14d ago
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