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Bitcoin ETFs See $8B Inflows Over 8 Straight Days, IBIT Leads
- Bitcoin ETFs have seen significant inflows of $8 billion over 8 consecutive days, with cumulative net inflows reaching $50.95 billion and total net assets at $71 billion, solidifying IBIT as the top-performing Bitcoin ETF.
- Fidelity's Wise Origin Bitcoin Fund (FBTC) is in second place with $104.4 million in inflows, totaling $11.5 billion in net inflows and $20.49 billion in assets.
- Bitwise's BITB gained $11.3 million in inflows, bringing its cumulative net inflows to $2.08 billion and total assets to $4.04 billion, ranking fourth by flows and sixth by assets.
- Hashdex Bitcoin ETF (DEFI) recorded $1.17 million in inflows after several outflow days, holding $14 million in assets but with $1.45 million in net outflows.
- Grayscale Bitcoin Trust (GBTC) experienced $16.36 million in outflows, totaling cumulative outflows of $23.24 billion, yet managing $19.23 billion in assets, ranking third by AUM but lowest in flow performance.
- The consistent inflow trend, led by IBIT and FBTC, reflects a growing institutional presence in the Bitcoin ETF market, despite GBTC losing market share.
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