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The inflow of Bitcoin spot ETF reached 274 million US dollars within six days

The inflow of Bitcoin spot ETF reached 274 million US dollars within six days

Bitget2024/10/19 07:43
BTC+0.92%ETH+1.54%

The inflow of funds into Bitcoin spot ETFs has reached $274 million, with a six-day consecutive inflow. Among them, ArkInvest's ARKB received $110 million and BlackRock's IBIT received $70.4 million. In contrast, the fund inflows for Ethereum spot ETFs were smaller at $1.9 million. Sosovalue stated that these continuous fund inflows reflect investors' growing confidence in Bitcoin ETFs and continue to drive market interest by large funds such as ArkInvest and BlackRock.

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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