Spot Bitcoin ETFs Amass $1.4 Billion Inflows in Just Two Days, Bloomberg Analysis Reveals

Benzinga 2024-01-16

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Spot Bitcoin ETFs that launched last Thursday saw $1.4 billion in total inflows in their first two trading days according to Bloomberg analyst Eric Balchunas. The ETFs saw a total of 500,000 trades with around $3.6 billion in trading volumes, though these numbers may be adjusted pending accounting settlements. The funds saw 500,000 trades with $3.6 billion in volume, subject to adjustment due to pending settlements. Despite Grayscale Bitcoin Trust's $579 million outflow, net inflows for all spot Bitcoin ETFs totaled $819 million.

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