U.S. spot Bitcoin ETF weekly net inflows and trading volumes hit record highs last week

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Bitget2024/03/18 12:04

By:Bitget

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.

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