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BlackRock and Fidelity Drive Bulk of $528 Million Inflows Into Bitcoin ETFs

BlackRock and Fidelity Drive Bulk of $528 Million Inflows Into Bitcoin ETFs

Photo: Crypto Economy

TL;DR ETF Inflows: Bitcoin ETFs recorded $528.4 million in net inflows Wednesday, led by BlackRock’s IBIT with $235 million and Fidelity’s FBTC with $212.7 million. Institutional Demand: Bitcoin funds have attracted more than $1 billion in three sessions this week despite subdued Bitcoin volatility and cautious market conditions. Market Outlook: Analysts say Bitcoin ETFs are ... Read more

Source: Crypto Economy

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