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In a week marked by volatility in Bitcoin prices, US spot Bitcoin exchange-traded funds (ETFs) reached record highs, witnessing unprecedented levels of both net inflows and trading volume.
<h2 id="spot-bitcoin-etfs-experience-record-weekly-inflows-and-trading-volume">Spot Bitcoin ETFs Experience Record Weekly Inflows and Trading Volume</h2>
Data compiled by BitMEX Research and Farside Investors revealed that net inflows into spot Bitcoin ETFs rose to $2.57 billion in the week ending last Friday.
This figure marks a significant increase of 15% compared to the previous week's total inflow of $2.24 billion.
BlackRock's IBIT ETF, which led the way in terms of net inflows, reached a significant figure of $2.48 billion. It is followed by Fidelity's FBTC with $717.9 million and VanEck's HODL with $247.8 million.
However, it is worth noting that Grayscale's GBTC fund faced significant outflows of $1.25 billion, and Invesco's BTCO contributed to outflows of $29.4 million.
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Total net inflows since spot Bitcoin ETF trading began on January 11 have exceeded $12 billion, underscoring growing investor interest in this asset class.
Commenting on the latest developments, Bloomberg ETF analyst Eric Balchunas emphasized the resilience of investors in the face of market fluctuations.
At the same time, trading volume for US spot bitcoin ETFs rose to $35.1 billion for the week, reflecting a 15% increase over the previous week's volume.
BlackRock's IBIT ETF once again dominated the scene with $16.17 billion in trading volume. Grayscale's GBTC and Fidelity's FBTC followed suit, creating trading volumes of $8.24 billion and $6.5 billion, respectively.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/interest-in-bitcoin-etfs-is-growing-last-week-transaction-volume-increased-at-a-record-level-here-are-the-details/" rel="noopener noreferrer nofollow">Interest in Bitcoin ETFs is Growing! Last Week Transaction Volume Increased at a Record Level! Here are the Details!</a>

Interest in Bitcoin ETFs is Growing! Last Week Transaction Volume Increased at a Record Level! Here are the Details!

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