Bitcoin exchange-traded funds (ETFs) have been experiencing positive momentum with consistent inflows over the past ten days. Notably, Fidelity's "FBTC" has recorded significant inflows totaling $121.9 million, positioning it as a leading entity in this trend. Additionally, Ark's "ARKB" has also reported inflows amounting to $52.7 million.
This pattern indicates increasing investor interest and confidence in Bitcoin-related investment products. Meanwhile, BlackRock's "IBIT" ETF posted a neutral flow for the first time since late November, suggesting a period of stability rather than growth.
In another development, Grayscale, known for its "GBTC" product, has ended its streak of outflows, signaling a potential shift in market dynamics and investor sentiment.
Source : coinpedia.org ↗