Bitcoin Spot ETF Inflows Eye New Record As BTC Price Touches $57,000
Summary
Bitcoin Spot ETFs have seen significant inflows, surpassing $400 million in a day. Fidelity's Wise Origin Bitcoin Fund led with $243.3 million, followed by ARK 21Shares Bitcoin ETF with $130.6 million. Grayscale Bitcoin Trust, however, experienced outflows of $22.4 million. The inflows reflect growing institutional interest in Bitcoin, with the potential to break previous single-day records. Despite a retracement, Bitcoin's price reached a 2-year high of $57,000.
