Bitcoin Spot ETFs: Analyst Lists Everything You Need To Know
Summary
Bitcoin spot ETFs recently launched, with Blackrock's iShares Bitcoin ETF ($IBIT) receiving over $1 billion in inflows in the first four days, making it the biggest winner. Fidelity's $FBTC followed with $884 million in positive flows. Grayscale's $GBTC saw negative flows of over $1.6 billion. The total cumulative flow of all Bitcoin spot ETFs reached almost $1.3 billion by the fourth trading day. Despite high demand for the new ETFs, $GBTC overshadowed it. Bitcoin is currently trading at around $41,300, down 2% over the past 24 hours.
