It is seen that the interest in ETFs keeps the surge in Bitcoin, which approached the ATH level yesterday, alive. Bitcoin spot ETFs yesterday saw the 4th largest net investment since 11 January. ETFs were at a level of more than $562 million at the end of the day. BlackRock was the company that received the most inflows with a net investment of $420 million, while Fidelity was in second place with $400 million.

It was also noteworthy that Invesco, which has received small investments so far, had an outflow of $ 25 million at once.

$1.5 billion sell-off in three days

Grayscale, which saw outflows of $600 million on Thursday and $500 million on Friday, started the new week as fast. There was an outflow of $367.9 million from Grayscale funds. The company’s sell-offs in the last three trading days reached $1.5 billion.

For the first time, $50 billion was exceeded

In addition, the total value of Bitcoin held by ETF companies exceeded $50 billion for the first time. While the total value is $52 billion, the Bitcoin held corresponds to 3.96% of the total supply.

BlackRock holds $11.5 billion of Bitcoin and Fidelity holds $7.49 billion of Bitcoin.