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Home ยป Investors Shift Attention to Bitcoin ETFs Following Approval
Bitcoin

Investors Shift Attention to Bitcoin ETFs Following Approval

By adminJun. 4, 2024No Comments1 Min Read
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Investors Shift Attention to Bitcoin ETFs Following Approval
Investors Shift Attention to Bitcoin ETFs Following Approval
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An examination conducted by Bloomberg ETF analyst Eric Balchunas, utilizing data from Bloomberg Intelligence, reveals that BlackRock and Fidelity Bitcoin ETFs comprised 26% and 56% of the overall inflows, respectively. Farside Investor’s data indicates that BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) experienced inflows of $16.6 billion and $8.9 billion, respectively, since their commencement of trading on January 10. Stay up to date with the latest financial and business news by visiting COINTURK FINANCE.

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