GBTC - Bitcoin ETFs Inflows Soar Ethereum ETF Race Heats Up: What Does it Mean For Investors? | Benzinga
Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) continued to attract significant investment on March 27, with total net inflows for Bitcoin spot ETFs reaching $243 million.
This news comes as the industry gears up for the Benzinga Future of Digital Assets conference on Nov. 19 which is expected to bring together key players to discuss the latest trends and regulatory developments in the crypto space.
BlackRock’s IBIT Shines, Grayscale Falters
According to data from SoSoValue, BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) emerged as the star performer with a single-day net inflow of $323 million.
This positive sentiment comes just weeks after BlackRock CEO Larry Fink expressed his bullish outlook on Bitcoin, suggesting a potential shift in the traditional finance industry’s approach to cryptocurrencies.
Conversely, Grayscale’s ...