• TEXT= DATE: 25.07.2024 EVENT TITLE  |  SUBJECT  |  INFO
  • TIMER= 25.07.2024
  • BUTTON= FIND OUT MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-13BTC Dominance: 51.25%
image-alt-14 ETH Dominance: 16.27%
image-alt-15 BTC/ETH Ratio: 13%
image-alt-16 Total Market Cap 24h: $1.65T
image-alt-17Volume 24h: $42.89B
image-alt-18 ETH Gas Price: 26 Gwei
 

Fidelity’s Bitcoin ETF records its largest single-day inflow, attracting $405 million

As Bitcoin hovers just below the all-time high of $69,000, the ETF sector demonstrates substantial activity, reflecting wider market sentiment and significant institutional interest...
Firefly A Chart Of Stocks Market Showing Positive Trend With A Bitcoin Coin 19224

Data from BitMEX shows that renowned investment firm BlackRock’s IBIT saw an additional inflow of $420 million, increasing their total net flow to an impressive $8.4 billion and holding a staggering 170,838 Bitcoin. Similarly, Fidelity’s FBTC recorded a massive inflow of $405 million, marking the strongest net inflow day since its inception and bringing its total net inflow to $5.2 billion, currently holding 107,905 Bitcoin.

Meanwhile, Bitwise’s BITB reported a significant net inflow of approximately $91 million – their third-highest net inflow day, raising their total net inflow to $1.3 billion.

On the contrary, GBTC recorded another considerable day of outflows amounting to $368 million. However, there’s a silver lining as the outflows from the last three trading days have begun to diminish, though GBTC’s total outflows remain substantial at $9.3 billion, according to BitMEX.

Besides GBTC, three ETF issuers experienced outflows: Invesco’s BTCO saw a $26 million outflow, Van Eck’s HODL encountered a $6 million outflow, indicating consecutive losses, and WisdomTree’s BTCW had a $3.2 million outflow.

The total inflows for the ETFs have reached $7.9 billion, equivalent to 152,630 BTC.

MORE FROM SPONSORED

 

UPCOMING EVENTS

Days
Hr
Min
Sec
 

Latest Iron Podcast episode