menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin ET...
source image

Crypto-News-Flash

7d

read

390

img
dot

Image Credit: Crypto-News-Flash

Bitcoin ETF Inflows Reach $220M—Can BTC Rally to New Highs?

  • U.S. spot Bitcoin ETFs recorded $220 million in net inflows as Bitcoin's price dipped below $83,000 on April 2, indicating continued confidence in the asset.
  • Leading Bitcoin ETFs like Ark Invest and 21Shares' ETF (ARKB) saw the highest daily net inflow of $130.15 million, bringing their total assets under management to $4.14 billion.
  • Despite Bitcoin ETFs experiencing a decline in market activity in March, the Bitcoin derivatives market has shown strength with significant trading volume and increased options volume.
  • Institutional adoption of Bitcoin continues to grow, with Grayscale Investments announcing two new ETFs and Tokyo Stock Exchange-listed firm Metaplanet strengthening its Bitcoin holdings.

Read Full Article

like

23 Likes

For uninterrupted reading, download the app