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Spot Bitcoin ETFs Record $4B in Inflows as Incumbent Crypto Fund Issuers Lose $2.9B
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Spot Bitcoin exchange-traded fund (ETF) is garnering rising interest, but crypto fund incumbents are on the losing side of the equation.
CoinShares’ Digital Asset Fund Flows Weekly Report on Jan 22 disclosed a substantial $4.13 billion in inflows since the launch of the first spot Bitcoin ETF on January 11, following approval from the US Securities and Exchange Commission (SEC).
Read more on cryptonews.comAbout this in other media
Expert Opinions: Massive Inflows to Follow Spot Bitcoin ETF Approval, Bull Market Questionable cryptonews.com /4 months ago
Spot Bitcoin ETFs Would Reduce Power of Whales and Increase Stability: Nansen Analyst cryptonews.com /4 months ago
Navigating the New Web3 Era: From Latest DeFi Innovations to Spot Bitcoin ETFs cryptonews.com /4 months ago
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