U.S. spot Bitcoin ETF weekly net inflows and trading volumes hit record highs last week
Last week, U.S. spot Bitcoin ETFs saw record weekly net inflows and trading volumes. Net inflows into 10 spot Bitcoin ETFs last week hit $2.57 billion, a 15% increase from the $2.24 billion in net inflows the previous week, according to data from BitMEX Research and Farside Investors. BlackRock IBIT continued its dominance, with inflows of $2.48 billion. Fidelity FBTC ranked second with $717.9 million, and VanEck HODL ranked third with $247.8 million. However, GBTC saw outflows of $1.25 billion, while Invesco BTCO also saw outflows of $29.4 million. Since trading in the Bitcoin spot ETF began on January 11, net inflows currently stand at just over $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.
You may also like
Strategy surpasses JPMorgan in trading volume as MSTR neared 49M shares in August
Report: Japan's SoftBank Group is considering acquiring Allied, America's largest security company
SoftBank Group is in preliminary talks to acquire Allied Universal, the largest security company in the United States. The potential equity valuation could reach $18 billion, and with approximately $12 billion in debt, the total transaction value may approach $30 billion. Masayoshi Son has positioned the security business as a key testing ground for robotics technology, aligning with his AI and robotics strategic layout. After the news was announced, SoftBank ADRs plunged nearly 10% in a single day.
Fed Holds, Cuts, or Hikes? 5 Altcoins to Watch Before the Market Makes Its Next Move
Crypto prices
More
