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Coin Edition 2024-05-04 12:30:00

Bitcoin ETFs Record First Weekly Inflow of $343M Amid Bitcoin $63K Rebound

The U.S. Bitcoin spot exchange-traded fund (ETF) has witnessed the first positive fund flow after seven consecutive days of trading with negative flow. More remarkable, Grayscale’s Bitcoin Trust (GBTC) recorded the first-ever inflow since its inception after draining over $12 billion. According to public records, U.S. Bitcoin spot ETFs ended Friday trading with a net The post Bitcoin ETFs Record First Weekly Inflow of $343M Amid Bitcoin $63K Rebound appeared first on Coin Edition .

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