Editor's PiCK

US Bitcoin Spot ETF records $1.38 billion inflow last week... First weekly inflow in 7 weeks

Source
Suehyeon Lee

Summary

  • The Bitcoin Spot ETF recorded an inflow of about $1.38 billion last week.
  • This is noted as the first weekly inflow after 7 consecutive weeks of outflows.
  • In particular, last week, BlackRock IBIT was analyzed to have recorded an inflow of approximately $450 million.
Image=Upbit
Image=Upbit

The US Bitcoin (BTC) Spot ETF recorded its first weekly inflow in 7 weeks last week.

According to data approved by Upbit on the 2nd (local time), the Bitcoin Spot ETF recorded an inflow of $1.38 billion last week (November 25th to November 29th). This is the first weekly inflow after 7 consecutive weeks of outflows.

In particular, last week, BlackRock IBIT was analyzed to have recorded an inflow of approximately $450 million.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?