Twelve spot bitcoin ETFs in the U.S. have set a record for the highest total net asset value of funds since they were launched in January. The funds now hold more than $66.10 billion worth of bitcoin, surpassing the previous record of $62.60 billion set in early June. ETFs hold 4.89% of the total bitcoin market capitalization. The funds experienced their best trading week of inflows since early March, with inflows exceeding $2.10 billion, the fourth largest to date...
According to Bloomberg data, 12 spot bitcoin exchange-traded funds (ETFs) in the United States saw a total net outflow of $1.20 billion in 8 days. Despite the outflows, cryptocurrency ETFs outperformed the more than 400 new ETFs in 2024, with the four largest ETFs all spot bitcoin ETFs. In the first week of September, the price of Bitcoin went all the way down, falling from a high of $64,668 on August 26 to a low of $53,491 on September 7. This means that in just two weeks, the price of Bitcoin ...
Eleven spot bitcoin ETFs in the US recorded net inflows of $78.90 million on Thursday, the fifth consecutive day of positive inflows. Over the past five trading days, net inflows into spot bitcoin ETFs have reached $880.60 million, and since their launch in January, net inflows have exceeded $15.50 billion.