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Spot BTC ETFs See Fifth Consecutive Day Of Inflows, While Ether ETFs Continue Bleeding

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By on August 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Spot BTC ETFs See Fifth Consecutive Day Of Inflows, While Ether ETFs Continue Bleeding appeared first on Coinpedia Fintech News

The spot Bitcoin ETFs have witnessed their fifth consecutive day of positive flows, drawing in $39.42 million on Wednesday. Grayscale’s mini bitcoin trust reported $14.2 million in net inflows yesterday, and the spot bitcoin funds from Fidelity and Bitwise both recorded around $10 million in inflows. BlackRock’s IBIT saw $8.35 million in inflows, Franklin Templeton’s EZBC witnessed $3.55 million flow into the fund, and Invesco’s BTCO experienced inflows of $2.46 million. Grayscale’s converted GBTC fund was the only one with net outflows of $9.82 million. On the contrary, spot Ether ETFs experienced their fifth straight day of net outflows.

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