2024-01-23 02:30:00 ET
Summary
- After one week, $13.9B has been traded across the newly approved ETFs. The first week of data has started to show some clear trends.
- The iShares Bitcoin Trust (IBIT) ($1.2B) and the Fidelity Wise Origin Bitcoin Fund (FBTC) ($1B) experienced the largest inflows across all newly formed ETFs during the first week of trading.
- The value of both ETFs' combined inflows ($2.2B) was equal to the value of the outflows seen across the Grayscale Bitcoin Trust (GBTC) ($2.2B) during the period.
After one week, $13.9B has been traded across the newly approved ETFs. The first week of data has started to show some clear trends.
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$13.9B Traded In Bitcoin ETFs During Week One