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cryptonews 2024-01-22 14:58:53

Bitcoin ETFs Rapidly Accumulate 95,000 BTC, Nearing $4 Billion AUM

In just six days of trading, the recently approved spot Bitcoin exchange-traded funds (ETFs) have collectively accumulated an impressive 95,000 BTC, with total assets under management (AUM) inching close to the $4 billion mark. According to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, the inflow into these newly launched ETFs has now exceeded The post Bitcoin ETFs Rapidly Accumulate 95,000 BTC, Nearing $4 Billion AUM appeared first on Cryptonews .

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