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CDS Crypto News Striking Rise in Bitcoin ETFs: Last 4-Day Increase Overtakes 4-Week Surge

Crypto News

Striking Rise in Bitcoin ETFs: Last 4-Day Increase Overtakes 4-Week Surge

The striking rise in Bitcoin ETFs dropped like a bomb on the headlines.

lectertodd15/02/20241 Mins read420

Crypto News – In comparison to the first four weeks of trading, ETFs have seen more net inflows in the last four days.

Striking Rise in Bitcoin ETFs: Last 4-Day Increase Overtakes 4-Week Surge

The top ten Bitcoin ETFs have received 43,300 Bitcoin in inflows in just the last four days, according to data from the Bitcoin tracking database Apollo. In contrast, it took the funds 20 trading days to collect 42,000 in Bitcoin inflows.

As of February 14, Bitwise Bitcoin ETF became the most recent to reach the milestone, joining the ranks of the “billionaire club” alongside Grayscale as one of the four spot Bitcoin ETFs.

As the only cryptocurrency-native investment fund among the top providers, Bitwise’s performance was deemed “most impressive” by ETF store president Nate Geraci.

Sources:cointelegraph

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