Bitcoin exchange-traded funds are seeing positive inflows for the second consecutive day.

Bitcoin exchange-traded funds are seeing positive inflows for the second consecutive day.
البيتكوين

Exchange-traded funds (ETFs) for Bitcoin in the U.S. recorded net inflows of $235.19 million, contributing to the continuation of positive inflow trends for the second consecutive day.

According to the data, Fidelity's FBTC fund led the inflows, accumulating a total of $104 million, bringing its total assets to $9.95 billion. Following closely was BlackRock's IBIT fund, which saw inflows amounting to $98 million.

On another note, Bitwise's BITB fund recorded new inflows estimated at about $13.09 million, while Ark’s ARKB fund and 21Shares attracted inflows of about $12.63 million.

The VanEck's HODL fund saw inflows of $5.37 million, and Invesco's BTCO fund added $2.53 million.

On the flip side, Grayscale's GBTC fund, the second largest ETF for Bitcoin, did not record any inflows on Monday, along with six other trading funds.

Furthermore, the total trading volume of the 12 Bitcoin ETFs amounted to $1.22 billion on Monday, representing a slight increase from $1.19 billion on Friday and $1.13 billion the previous Thursday.

In terms of trading, the price of Bitcoin dropped by 0.70% over the past 24 hours, trading near levels of $62,452.64, yet it still maintains its position as the most popular cryptocurrency in terms of market capitalization.

 

Read also:

Bitcoin loses 2% and falls to $62,000.. after the shift in interest rate expectations

Despite the rise of Bitcoin... calm in the cryptocurrency market

Withdrawal of $361 million from Bitcoin funds in 3 days


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