BlackRock saves the day again in Bitcoin ETFs, VanEck hits record high

Yesterday’s figures were announced in Bitcoin spot ETFs. ETFs provided a net inflow of $505 million, while Grayscale sales were $495 million. BlackRock, on the other hand, closed Grayscale sales alone with a net inflow of $562 million. VanEck, which reset transaction commission fees until April 2025, broke its own record with $118 million.

BlackRock saves the day again in Bitcoin ETFs, VanEck hits record high

Bitcoin spot ETFs closed yesterday with an inflow of $505 million, well above average. Bitcoin, which hit a new record, exceeded $72,500 in the morning hours yesterday.

VanEck and Valkyrie ETFs hit a record

BlackRock received the most investment in ETFs, as it has been many times. The company saw a net investment of $562 million. Fidelity was in second place with $215 million. VanEck broke its own record with $118 million. The company had seen a net investment of $14 million per day until today. The biggest reason why VanEck received so much investment was that the company will not receive Bitcoin spot ETF transaction fees until 31 March 2025.

Valkyrie, another ETF issuer with VanEck, also broke its own record. In the last 4 days, Valkyrie, which has seen the $40 million level it has never seen before, broke its own record yesterday with $43 million.

Grayscale outflows continue

Grayscale’s sell-off were again in the hundreds of millions of dollars. The company made $494 million in sell-off. Grayscale, which has so far sold up to $11 billion, still has $28 billion in Bitcoin.

With the investments made, the total Bitcoin value in the hands of companies is over $58 billion. The figure corresponds to 4.12% of the total Bitcoin supply.

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