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๐ Bitcoin ETFs are on fire! Despite a bearish crypto market, they saw six straight days of positive inflows, hitting a record $310M on Friday. BlackRockโs IBIT and Fidelityโs FBTC led the charge, contributing $120M and $115.1M, respectively. Even Grayscale joined the party with a $23M inflow.
๐ผ With over $51B in assets, Bitcoin ETFs are attracting institutional investors, promising more stability and less volatility for Bitcoin. The U.S. market enjoyed a $1.05B inflow this week alone, showcasing growing confidence.
๐ Future looks bright as more crypto-related financial products are on the horizon. ๐ #Bitcoin #ETFs #Investment