GBTC - Bitcoin ETFs Skyrocket With Record Inflows Morgan Stanley Considers Entry | Benzinga
Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) in the United States have soared to a new all-time high, with a staggering $676.8 million in daily inflows, signaling a robust bull run for Bitcoin.
What Happened: Record-Breaking Inflows and Trading Volumes
On Wednesday, the crypto investment landscape witnessed unprecedented activity, as spot Bitcoin ETFs attracted nearly $680 million in investments.
This influx was primarily driven by five key players: iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund (BATS: FBTC), Bitwise's Bitcoin ETF (BATS: BITB), ARK 21Shares Bitcoin ETF (BATS: ARKB), and WisdomTree Bitcoin ETF (BATS: BTCW).
Despite Grayscale Bitcoin Trust (OTC: GBTC) experiencing significant outflows, the overall market ...