GBTC - Bitcoin Spot ETFs See $48M Inflow As Ethereum Spot ETF Trading Draws Nearer | Benzinga
Bitcoin (CRYPTO: BTC) continued their ongoing inflow streak lasting almost almost two weeks, as Ethereum ETF trading moved one step closer.
What Happened: On May 30 alone, Bitcoin spot ETFs experienced a total net inflow of $48.706 million, marking the thirteenth consecutive day of positive net inflows, according to data from SoSo Value.
Notably, the Grayscale Bitcoin Trust (OTC:GBTC) reported no outflows for the day, while the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) saw an impressive single-day inflow of $119 million.
Historically, the net inflow of Bitcoin spot ETFs has now accumulated to $13.809 billion.
Meanwhile, following the approval of the 19b-4 forms on May 23, the final step required before trading of spot Ethereum (CRYPTO: ETH) can ...