🚀 Great interest in new Bitcoin ETFs! 📈

- New Bitcoin ETFs approved in the USA experienced a total net inflow of 21,000 BTC ($894 million) in 3 days.

- BlackRock's iShares Bitcoin Trust (IBIT) is the leader with 16,362 BTC, while Fidelity's Wise Origin Bitcoin Fund (FBTC) follows with 12,112 BTC.

- There was an outflow of 25,000 BTC from Grayscale's Bitcoin Trust (GBTC) fund, reducing the net inflow across the industry.

- GBTC reduced its management fee from 2% to 1.5% with conversion to ETFs, but it is still higher than its new competitors.

- Bitcoin price is currently hovering between $42,000-43,000.

🤔 So, do you think Bitcoin ETFs were successful or disappointing? We are waiting your comments! 💬