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  • A.R.T Digital Team

Spot Bitcoin ETF Flows Hit $8.6B Amid Crypto Surge


bitcoin

Net inflows to spot bitcoin ETFs headed toward $9 billion on Thursday amid a price surge in the cryptocurrency.


Inflows hit $405 million for the day, the third largest total since the SEC approved the new products in early January, according to Bloomberg data. Grayscale’s Bitcoin Trust GBTC was the outlier, suffering more than $101 million in outflows to continue its losing streak. Not counting GBTC, flows are at $8.56 billion, the data show.


Source - Yahoo! Finance

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