U.S. Spot Bitcoin ETF Weekly Net Inflows and Volume Hit Record Highs Last Week
Last week, U.S. spot bitcoin ETFs saw record weekly net inflows and trading volume. According to BitMEX Research and Farside Investors, net inflows into the 10 spot bitcoin ETFs last week reached $2.57 billion in the Southwest, a net increase of 15% from the previous week's $2.24 billion in inflows. BlackRock IBIT continued to dominate with $2.48 billion in inflows. Fidelity FBTC was second with $717.9 million and VanEck HODL was third with $247.8 million. However, GBTC saw $1.25 billion in outflows, while Kingfisher BTCO also saw $29.4 million in outflows. Since trading in the Bitcoin Spot ETF began on January 11th, net inflows are now just over $12 billion.
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