Bitcoin Spot ETF Inflows Pumps: Over $250 million came in

Bitcoin ETFs, which declined for the first time in 17 days on Wednesday, returned strongly yesterday. There was a net inflow of $250 million into ETFs, while Grayscale also saw its second-lowest outflow with a net outflow of $55.67 million from GBTC. On the other hand, Fidelity received the most investment yesterday.

Bitcoin Spot ETF Inflows Pumps: Over $250 million came in

Bitcoin spot ETFs closed Thursday with a net inflow of $250 million in total. While the highest investment came to Fidelity with $158 million, this figure was $125 million for BlackRock.

Outflows in Grayscale are decreasing

Grayscale, where outflows have started to decrease visibly recently, had an outflow of $55 million yesterday. This figure was the second-lowest debut after sales of $51 million on February 9. Grayscale has sold $7.4 billion till now, but the company still holds $23 billion worth of Bitcoin.

Although the funds have received $5.39 billion in net amount since the ETFs were approved on January 11, the companies hold $38 billion worth of Bitcoin. This amount corresponds to 3.4% of the total Bitcoin supply.

The company that has received the most investment so far is BlackRock with $5.7 billion, and Fidelity comes in second with $4.05 billion.

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