Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
- ETFs acquired over $1.38B in Bitcoin this week, marking significant investor confidence.
- BlackRockโs BTC holdings face volatility, reflecting broader cryptocurrency market dynamics.
- Fidelityโs FBTC ETF sees inflows dip, raising concerns on institutional investment stability.
Institutional investors are piling into Bitcoin ETFs at an unprecedented rate. Arkham Intelligence reports ETFs added over $1.38 billion worth of Bitcoin to their holdings in just three days, marking the largest single week of BTC purchases in the past four months. This surge in investment signals strong institutional confidence in the cryptocurrencyโs future.
Let us take a closer look at two major players in the Bitcoin ETF space, BlackRock and Fidelity.
BlackRockโs Bitcoin Holdings Fluctuate
BlackRock has seen notable fluctuations lately. Aโฆ
The post Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days appeared first on Coin Edition.
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Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days
- ETFs acquired over $1.38B in Bitcoin this week, marking significant investor confidence.
- BlackRockโs BTC holdings face volatility, reflecting broader cryptocurrency market dynamics.
- Fidelityโs FBTC ETF sees inflows dip, raising concerns on institutional investment stability.
Institutional investors are piling into Bitcoin ETFs at an unprecedented rate. Arkham Intelligence reports ETFs added over $1.38 billion worth of Bitcoin to their holdings in just three days, marking the largest single week of BTC purchases in the past four months. This surge in investment signals strong institutional confidence in the cryptocurrencyโs future.
Let us take a closer look at two major players in the Bitcoin ETF space, BlackRock and Fidelity.
BlackRockโs Bitcoin Holdings Fluctuate
BlackRock has seen notable fluctuations lately. Aโฆ
The post Bitcoin ETFs Drive Record $1.38 Billion BTC Accumulation in Three Days appeared first on Coin Edition.
Read More