Spot Bitcoin ETFs Witness Strong Inflows as FIT21 Bill Clears House Vote
Thursday, 23 May 2024, 04:40
Spot Bitcoin ETFs' Financial Performance
The 11 spot bitcoin ETFs in the U.S. recorded a total daily net inflow of $153.91 million on Wednesday, with BlackRock's IBIT leading the way.
Key Highlights:
- Strong Inflows: Notable net inflow of funds into spot bitcoin ETFs
- Market Confidence: Reflecting investor trust and optimism
The recent approval of the FIT21 bill by the House further solidifies the positive sentiment within the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.