GBTC - U.S. Bitcoin Spot ETFs Net $66M Inflows As Hong Kong ETFs Fall Behind | Benzinga
The U.S. Bitcoin spot exchange-traded fund (ETF) market saw a positive turn on Monday, recording a combined net inflow of $65.96 million.
What Happened: This uptick comes amid a period of mixed signals in the broader cryptocurrency market, according to data from SoSoValue
Leading the charge was the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) with a single-day net inflow of $38.57 million.
The Bitwise Bitcoin ETF (NYSE:BITB) also saw significant inflows, bringing in $20.26 million.
Notably, the Grayscale Bitcoin Trust (OTC:GBTC) did not experience any inflows or outflows on May 13.
This positive trend in the U.S. market stands ...