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.