U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs.
Tuesday Sees $305M in Inflows Into U.S. Spot Bitcoin ETFs Amidst the excitement around proposed spot ethereum ETFs, spot bitcoin ETFs drew $305.7 million in inflows during Tuesday’s trading sessions. Only two funds, Blackrock’s IBIT and Fidelity’s FBTC, contributed to these inflows. IBIT took the majority share with 94.86%, equating to $280 million, while FBTC brought in just under $26 million. The remaining spot bitcoin ETFs experienced a neutral day with no inflows or outflows
#Binance added PIXEL to its Launchpool, making the project the 46th one on the platform, on February 8, 2024. PIXEL, a social Web3 game on the Ronin network, will be available for users to earn through staking BNB and FDUSD in designated pools starting on February 9, 2024.
This move saw PIXEL’s value surge by 1,000%, indicating a strong market response. The token was hovering around $0.00055 and spiked to $0.0065 at its peak. However, it fell to $0.002 and was, at the time of writing (February 8 2024) was traded at $0.0043.