1. Home
  2. ARK 21Shares
  3. US Bitcoin ETFs raked in $1.1B this week, most since mid-July
US Bitcoin ETFs raked in .1B this week, most since mid-July

US Bitcoin ETFs raked in $1.1B this week, most since mid-July

0

Source: Coin Telegraph

BlackRock, ARK 21Shares and Fidelity’s Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.

The United States spot Bitcoin exchange-traded funds raked in more than $1.1 billion this week, making it the largest week of inflows since July 15-19.

It included $494.4 million on Sept. 27 — the best-performing day since June. 4, according to Farside Investors. The solid day came one day after the spot Bitcoin ETFs tallied $366 million on Sept. 26.

Weekly flows were led by BlackRock’s iShares Bitcoin Trust, ARK 21Shares Bitcoin ETF and the Fidelity® Wise Origin® Bitcoin Fund at $499 million, $289.5 million and $206.1 million, respectively.

Read more

Go to Source
Author: Brayden Lindrea