Bitcoin ETFs Hit $10 Billion Milestone Just One Month After Approval
THE nine place Bitcoin AND F reached A significant milestone of $10 billion In assets below management on Feb. 9.
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THE recently spear place Bitcoin exchange traded funds (AND F) completed their First of all 20 trade sessions struck THE $10 billion milestone In assets below management (AT M).
According to has data Since BitMEX Research, net flows For THE nine AND F reached $2.7 billion on Jan. 9, directed by Black Rock I BITE funds, which Currently is holding Bitcoin (BTC) value $4 billion. THE second position East claims by Faithfulness FBTC, with on $3.4 billion In BTC below management.
ARK 21Shares' funds Also reached THE billion dollars milestone, holding about $1 billion value of Bitcoin In It is wallet. In the meantime, Shades of grey GBTC exits was rising has $6.3 billion on THE pass 30 days. THE funds checked in $51.8 million In exits on Feb. 9, It is the smallest every day volume of capital withdrawals Since conversion.
"I thought THE Nine would be get A little weaker as GBTC exits soothed but they are get stronger," note Bloomberg analyst Eric Balchunas on X (Previously Twitter).
Bitcoin ETFs To flow - 9th February
All data out. Strong day has $541.5 million of net influx
Invesco had A exit, THE First of all non-GBTC product has to have A exit day pic.twitter.com/UCFDVAaKD3
— BitMEX Research (@BitMEXResearch) FEBRUARY ten, 2024On THE following little month, Bitcoin ETFs flows are expected has increase as trade companies complete their due diligence on THE investment vehicles.
Bitcoin price consolidated above technical support In January, "including...
THE nine place Bitcoin AND F reached A significant milestone of $10 billion In assets below management on Feb. 9.
News
Join
We
on
social
networks
THE recently spear place Bitcoin exchange traded funds (AND F) completed their First of all 20 trade sessions struck THE $10 billion milestone In assets below management (AT M).
According to has data Since BitMEX Research, net flows For THE nine AND F reached $2.7 billion on Jan. 9, directed by Black Rock I BITE funds, which Currently is holding Bitcoin (BTC) value $4 billion. THE second position East claims by Faithfulness FBTC, with on $3.4 billion In BTC below management.
ARK 21Shares' funds Also reached THE billion dollars milestone, holding about $1 billion value of Bitcoin In It is wallet. In the meantime, Shades of grey GBTC exits was rising has $6.3 billion on THE pass 30 days. THE funds checked in $51.8 million In exits on Feb. 9, It is the smallest every day volume of capital withdrawals Since conversion.
"I thought THE Nine would be get A little weaker as GBTC exits soothed but they are get stronger," note Bloomberg analyst Eric Balchunas on X (Previously Twitter).
Bitcoin ETFs To flow - 9th February
All data out. Strong day has $541.5 million of net influx
Invesco had A exit, THE First of all non-GBTC product has to have A exit day pic.twitter.com/UCFDVAaKD3
— BitMEX Research (@BitMEXResearch) FEBRUARY ten, 2024On THE following little month, Bitcoin ETFs flows are expected has increase as trade companies complete their due diligence on THE investment vehicles.
Bitcoin price consolidated above technical support In January, "including...
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