US Bitcoin ETFs clock biggest inflows since January as crypto markets gain

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The story "US Bitcoin ETFs clock biggest inflows since January as crypto markets gain" was covered 3 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 3d ago

US Bitcoin ETFs clock biggest inflows since January as crypto markets gain - Coin Telegraph

Quick Summary:

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the second-largest inflow for April 21, with $87.6 million, while the Grayscale Bitcoin Trust (GBTC) and the company’s Bitcoin Mini Trust ETF (BTC) saw joint net inflows of $69.1 million.

Source: CoinGlassBlackRock’s iShares Bitcoin Trust ETF (IBIT), the largest of the group by assets under management, saw net inflows reach $41.6 million, about half of the inflows it saw before the weekend trading break on April 17.

Related: Bitcoin rally above $100K may follow US Treasury buybacks — Arthur HayesThe crypto markets, meanwhile, were able to hold onto gains made over the long weekend, with the total crypto market capitalization climbing by $800 billion over the three-day break to hold at $2.84 trillion.