- On Friday, BTC ETFs saw a positive net flow of over $331 million.
- The value is notably lower than the $477.4 million recorded on Thursday.
- So far, the crypto investment vehicle has attracted over $4.926 billion.
The BitMEX exchange’s research team has highlighted the significant influx of funds into Bitcoin Spot exchange-traded funds (ETFs) since inception as the market closed on Friday.
In a recent post on X, BitMEX Research noted that on February 16, there was a positive net flow of $331.7 million into BTC-based investment vehicles across all ETF issuers. Among the U.S.-listed ETFs, BlackRock’s IBIT observed the most substantial influx, with over $191.4 million recorded on Friday, followed by Fidelity at $116.7 million.
[1/4] Bitcoin ETF Flow – 16th Feb 2024All data in. Another strong day with +$331.7m net flow. For the week its +$2,273.4m net flow
Total net flow since 11th Jan is +$4,926.9m pic.twitter.com/Ti72RPtcfl
— BitMEX Research (@BitMEXResearch) February 17, 2024
Likewise, the Bitwise Bitcoin ETF saw an inflow of $20.9 million, Ark Invest recorded $140 million, Invesco $1 million, Franklin $1.5 million, Valkyrie $7.9 million, and VanEck reg…
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