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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

Cointime2024/03/18 11:40
By: Cointime
BTC-0.04%

According to BitMEX Research and Farside Investors, last week, net inflows and trading volume of US spot Bitcoin ETFs reached a historic high. The net inflow of 10 spot Bitcoin ETFs last week totaled $2.57 billion, a 15% increase from the previous week's net inflow of $2.24 billion. BlackRock's iShares Bitcoin ETF continued to dominate, with a $2.48 billion inflow. Fidelity's FBTC ranked second with a $717.9 million inflow, and VanEck HODL ranked third with a $247.8 million inflow. However, Grayscale's GBTC saw a $1.25 billion outflow of funds, and CSOP BTCO also saw a $29.4 million outflow. Since the start of Bitcoin spot ETF trading on January 11, the current total net inflow has just exceeded $12 billion.

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.
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