Reported 3 days ago
On Friday, Bitcoin ETFs saw a significant rebound, attracting $908.1 million, marking their strongest daily inflow since late November. This reversal follows weeks of outflows and comes as Bitcoin prices rise, driven by investor optimism regarding a pro-crypto administration and its use as an inflation hedge. Notably, Fidelity's Bitcoin Fund led Friday's inflows, with significant contributions from other funds, bringing total assets in spot Bitcoin ETFs to $35.9 billion.
Source: YAHOO