CandleFocus

Bitcoin Spot ETFs Achieve Historic Milestone with 500,000 BTC in Inflows

U.S. spot Bitcoin ETFs have seen a cumulative net inflow of $50.6 billion in just eleven months, equivalent to 500,000 BTC. This makes it one of the fastest-growing ETFs in history and highlights the significant investor demand for regulated Bitcoin exposure. Notable asset managers leading the inflows include BlackRock and Fidelity, while Grayscale has experienced massive outflows. These ETFs now hold over 1.1 million BTC, making them the largest holder of Bitcoin. The rapid accumulation is attributed to factors such as inflation concerns and Bitcoin's reputation as digital gold.

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