Fidelity FBTC only had a net inflow of 5.9 million USD yesterday
According to data from Farside Investors, Grayscale GBTC had a net outflow of $642.5 million yesterday, while Fidelity FBTC only had a net inflow of $5.9 million. Currently, it requires the combined net inflows of over $610 million from three ETFs - Bitwise IBIT and Invesco Galaxy's BTCO (smaller scale), and Valkyrie's BRRR (smaller scale) to maintain an overall net inflow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Tech Giants Face Congressional Subpoena Threats

How to Buy YouTube Stock as It Dominates US Television

U.S. Stock Index Futures Turn Positive

Nasdaq Futures Open Nearly 1% Lower, Dow Futures Slightly Decline
