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Post-Christmas miracle as Bitcoin ETFs clinch inflow after 4-day bleed

Post-Christmas miracle as Bitcoin ETFs clinch inflow after 4-day bleed

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Source: Coin Telegraph

US spot Bitcoin ETFs notched a positive net inflow after four trading days that bled over $1.5 billion.

United States Bitcoin exchange-traded funds (ETFs) saw net inflows the day after Christmas, stemming a four-trading day run of outflows totaling more than $1.5 billion.

The 11 ETFs together saw net inflows of $475.2 million on Dec. 26, led by $254.4 million worth of flows into the Fidelity Wise Origin Bitcoin Fund, per CoinGlass.

The ARK 21Shares Bitcoin ETF followed with $186.9 million in inflows, while BlackRock’s iShares Bitcoin Trust ETF (IBIT) took in $56.5 million.

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Author: Jesse Coghlan