Bitcoin ETF

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<ul>
 <li>U.S. spot Bitcoin ETFs saw $105.12 million in net inflows on Monday.</li>
 <li>Fidelity’s FBTC led with $77 million in inflows.</li>
 <li>Cumulative net inflows for these ETFs now total $13.96 billion.</li>
</ul>
A net inflow of $105.12 million was recorded on Monday for exchange-traded funds (ETFs) that track spot Bitcoin in the US, maintaining their upward trend. For these financial instruments, there have been net inflows for the past 15 days.Inflows into the ETFs over this period have exceeded $2.28 billion.
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 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> Bitcoin ETF Tracker | 2024-06-03 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> Daily Total Net Inflow +$105.12M <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"> Total Value Traded $1.78B <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3e6.png" alt="🏦" class="wp-smiley" style="height: 1em; max-height: 1em;"> Total Net Assets $59.42B <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> ETF Market Value Ratio 4.36% <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f947.png" alt="🥇" class="wp-smiley" style="height: 1em; max-height: 1em;"> Net Inflows/Outflows for Each ETF <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> FBTC +$77.05M <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> BITB +$14.31M <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> ARKB +$10.71M <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> HODL +$1.95M <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f7e9.png" alt="🟩" class="wp-smiley" style="height: 1em; max-height: 1em;"> BTCW… <a href="https://t.co/GfeywmZjuE" rel="noopener noreferrer nofollow">pic.twitter.com/GfeywmZjuE</a>— SoSo Value (@SoSoValueCrypto) <a href="https://twitter.com/SoSoValueCrypto/status/1797862823487558028?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 4, 2024</a>
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Fidelity’s FBTC Leads the Pack
The leader was revealed as Fidelity’s FBTC, which received $77 million in inflows on Monday. In second place, Bitwise’s BITB brought in a net of $14 million, based on <a href="https://sosovalue.xyz/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">SoSoValue data</a>. $11 million was added by the Ark Invest and 21 Shares ARKB ETF.&nbsp;
There were no inflows into either of the two biggest spot bitcoin ETFs offered by BlackRock and Grayscale. Less than $2 million in inflows were reported for the spot ETFs offered by VanEck and WisdomTree.
Longest Streak Since January
The 17 days of net inflows that began in January are the longest positive run since the U.S. spot bitcoin ETFs launched, with the current 15-day streak being the second longest.
The cumulative total net inflows now stand at $13.96 billion. This sustained interest reflects the growing confidence and investment in bitcoin through regulated financial products.
The consistent inflows into U.S. spot Bitcoin ETFs demonstrate strong investor interest in and trust in the cryptocurrency sector.&nbsp;
With donations from well-known companies like Bitwise and Fidelity, the trend demonstrates how Bitcoin is becoming more widely recognized and incorporated into conventional investment portfolios.
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The post <a href="https://cryptonewsland.com/u-s-spot-bitcoin-etfs-maintain-15-day-inflow-streak-with-105m/" rel="noopener noreferrer nofollow">U.S. Spot Bitcoin ETFs Maintain 15-Day Inflow Streak with $105M</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

U.S. Spot Bitcoin ETFs Maintain 15-Day Inflow Streak with $105M

Crypto News Land

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