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Bitcoin Spot ETF Adds $12.8 Million Despite Increased Grayscale’s Selling Pressure!

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By on September 17, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Spot ETF Adds $12.8 Million Despite Increased Grayscale’s Selling Pressure! appeared first on Coinpedia Fintech News

On 16th September, 5 out of 11 ETFs have recorded a positive flow. Reportedly, Blackrock’s “IBIT” recorded the highest inflow of $15.8 million, followed by Fidelity’s “FBTC” with $5.1 million. Moreover, Franklin has added $5 million, whereas Ark and Grayscale’s “BTC”  have added $2.8 million and $4.9 million. On the flip side, Grayscale’s “GBTC” has dropped $20.8 million. With this, the total flow for the day concluded at +$12.8 million.

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