The Nasdaq-listed spot bitcoin (BTC) ETFs registered inflows totaling $15.4 million on Monday, ending a five-day run of outflows, according to provisional data published by investment firm Farside. Fidelity’s FBTC led the inflows, collecting $261.8 million, followed by BlackRock’s IBIT, which amassed $35.5 million. Other funds like BITB, BTCO, EZBC, and BRRR received between $11 million and $20 million each. Meanwhile, Grayscale’s ETF (GBTC) continued to bleed money, losing just over $350 million. Last week, the ETFs saw a cumulative outflow of $887.6 million, as a result of withdrawals from GBTC.
- Wed, 30 October 2024