Even though Bitcoin's price rally paused momentarily, inflows from Bitcoin ETFs reached an all-time high. This Wednesday, the entirety of this particular market reached income streams of $673.4 million in institutional capital.
The figure exceeds by almost $100 million dollars the large sum entered the previous day, when $576.9 million entered, according to Farside Investos. Similarly, the vast majority of funds went to BlackRock's iShares Bitcoin Trust. In that sense, of the total amount of income on Wednesday, no less than $612.1 million was concentrated in that ETF alone.
Next, Fidelity's product, FBTC, received $245.2 million and Ark Invest's, ARKB, a total of $23.8 million. On the other hand, Grayscale's fund, GBTC, experienced liquidations in the order of $216.4 million during the same trading day.
