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Investors Reignite Interest in Bitcoin and Ethereum ETFs – BitRss

Posted on December 27, 2024 By Kotop No Comments on Investors Reignite Interest in Bitcoin and Ethereum ETFs – BitRss

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Investors Reignite Interest in Bitcoin and Ethereum ETFs – BitRss – Crypto World News

























BitRss

Source of this Article
Coin-Turk 13 minutes ago
23

As of December 26, spot Bitcoin $94,878 ETFs experienced net inflows of $475 million following four days of net outflows. The cessation of this outflow trend indicates a renewed interest from investors in spot Bitcoin ETFs. Fidelity’s Bitcoin ETF (FBTC) stood out with a notable net inflow of $254 million.

Net Inflows Rebound for Bitcoin ETFs

The total net inflow of $475 million into spot Bitcoin ETFs signals a significant recovery in the cryptocurrency market. These new inflows, following the recent outflows, demonstrate that investors are once again turning towards Bitcoin, the largest cryptocurrency. Fidelity’s Bitcoin ETF (FBTC) garnered particular attention, achieving a net inflow of $254 million, marking one of the highest investment levels in recent times. Bitcoin’s recovery seems likely to foster a positive market atmosphere.

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Investors Reignite Interest in Bitcoin and Ethereum ETFs

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