According to Farside Investors and Hodl15Capital, the Fidelity Wise Origin bitcoin fund raised an impressive 3,378 million, while the BlackRock iShares bitcoin trust fund raised an impressive 275 million. The ARK21shares Bitcoin ETF ARK21shares came in 3rd place with net inflows of over ¥13,800 million.
![](https://public.bnbstatic.com/static/content/square/images/d5001dc0e0b946be9b8deda5c5786c32.jpg)
These inflows marked a milestone, becoming the largest since March 1, 2004, when a record inflow of 12 billion was recorded. The next day, the #bitcoin exchange rate hit a high of $BTC #BTC is currently trading near the recent $71,000 mark, having risen nearly 3% in the past 24 hours. The recent surge marks a positive turnaround for Bitcoin after weeks of sideways movement. Industry experts believe that the cryptocurrency market is in for a "bright 6-month period" due to the expected developments of #StartInvestingInCrypto Spot #Etf .
Read us at: Compass Investments