Bitcoin ETF

Bitcoin

Time

<h4><strong>Effective immediately, this bold move has sparked a 20x surge in the fund’s inflows.</strong></h4> 
<p>The decision to waive the fee on the Bitcoin ETF comes at a pivotal moment for the cryptocurrency market.</p> 
<h5><strong>VanEck’s Fee Elimination: A Catalyst for Unprecedented Inflows</strong></h5> 
<p>Despite volatility, Bitcoin attracts investors for its high return potential and status as digital gold. VanEck’s fee removal makes Bitcoin more accessible, signaling confidence in its lasting value.&nbsp; Investors have sought cost-effective <a href="https://www.altcoinbuzz.io/?s=bitcoin" target="_blank" rel="noopener">Bitcoin</a> exposure, often deterred by high fees. So, VanEck’s fee elimination makes it attractive, possibly setting an industry standard.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">NEW: VanEck eliminates the fee on their <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> ETF yesterday and sees 20X their average inflows <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/lFUI6977G5">pic.twitter.com/lFUI6977G5</a></p> 
 <p>— Bitcoin News (@BitcoinNewsCom) <a href="https://twitter.com/BitcoinNewsCom/status/1767522200771248394?ref_src=twsrc%5Etfw">March 12, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The immediate aftermath of this decision was a surge in inflows, underscoring the market’s positive reception. With inflows up 20x in a day, investors are seizing the chance to invest in V<a href="https://www.altcoinbuzz.io/?s=VanEck" target="_blank" rel="noopener">anEck’s Bitcoin ETF</a> cost-free.</p> 
<p>The interest surge benefits VanEck and boosts Bitcoin’s acceptance into mainstream finance. More investors in Bitcoin ETFs mature the market, enhancing stability and inclusivity.</p> 
<h5><strong>More About Other Bitcoin ETFs</strong></h5> 
<p>The landscape of Bitcoin ETFs has reached a remarkable milestone, with the total net inflows into Bitcoin ETFs surging by an additional 7.1K BTC. This increase has propelled the total amount of BTC held in ETFs to a new all-time high of 808K BTC. Furthermore, the expansion of the Bitcoin ETF market is underscored by the introduction of 9 new Bitcoin ETFs, collectively holding over 13.9K BTC.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">UPDATE </p> 
 <p>•Bitcoin ETF Net In Flows + 7.1K <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>•New All Time High 808K BTC Held in ETFs<br>•New 9 ETFs + 13.9K BTC </p> 
 <p>Highlights<br>•Blackrock + 7.7K BTC <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92f.png" alt="🤯" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>•Fidelity +2.9K BTC<br>•GBTC -6.8K BTC <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f915.png" alt="🤕" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>Follow our ETF tracker for live updates <a href="https://t.co/hI0HUD2Jxf">pic.twitter.com/hI0HUD2Jxf</a></p> 
 <p>— Thomas | heyapollo.com (@thomas_fahrer) <a href="https://twitter.com/thomas_fahrer/status/1767519773158773086?ref_src=twsrc%5Etfw">March 12, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>This growth signifies rising investor confidence in Bitcoin and marks its mainstream financial integration. You can find more info about BTC ETFs <a href="https://heyapollo.com/bitcoin-etf" target="_blank" rel="noopener">here</a>.</p> 
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<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/vanecks-zero-fee-bitcoin-etf-sparks-20x-inflow-surge/">VanEck’s Zero-Fee Bitcoin ETF Sparks 20X Inflow Surge</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

VanEck’s Zero-Fee Bitcoin ETF Sparks 20X Inflow Surge

Altcoin Buzz

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