GBTC - Bitcoin Spot ETFs See $31M Net Inflows First In A Week | Benzinga
After a week of outflows, Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) finally saw a return of investor confidence on Tuesday, June 25.
What Happened: The total net inflow for the day was $31.0131 million, a positive sign for the market, according to data from SoSo Value.
This shift comes amid a mixed performance from other major ETFs.
The Grayscale ETF (OTC:GBTC) experienced a significant single-day outflow of $30.2866 million, contrasting sharply with the Fidelity ETF (BATS:FBTC), which saw a substantial inflow of $48.7897 million.
The Bitwise ETF (BTAS: BITB) also posted a positive net inflow of $15.1967 million.
This inflow suggests a renewed interest and ...