GBTC - Bitcoin Spot ETFs On 15-Day Inflow Streak As Wisconsin Starts Buying Bitcoin | Benzinga
Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) continued their streak of net inflows, adding another $105 million on June 3, bringing the total net inflow for the period to over $2.28 billion.
What Happened: According to data from SoSoValue, the Grayscale ETF (OTC:GBTC) recorded no net outflow, maintaining its position, while the Fidelity ETF (BATS:FBTC) saw an inflow of $77.0482 million.
Additionally, the Bitwise ETF (NYSE:BITB) attracted $14.3145 million in inflows.
This marked the 15th consecutive day of positive inflows, underscoring growing institutional interest in cryptocurrency investments.
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Why It Matters: The Wisconsin State Investment ...