#AbuDhabiStablecoin
💵 Bitcoin Exchange-Traded Fund Flows.
💎 American Bitcoin ETFs saw net inflows of $591.20 million yesterday.
✅ Financial Details:
• $IBIT (BlackRock):
• Inflows of $970.90 million
• $FBTC (Fidelity):
• Outflows of $86.90 million
• $BITB (Bitwise):
• Outflow of $21.10 million
• $ARKB (Ark Invest):
• Outflows of $226.30 million
• $HODL (VanEck):
• Outflow of $2.70 million
• $GBTC (Grayscale):
• Outflow of $42.70 million
✅ Summary:
💎 The data shows a significant increase in inflows for the BlackRock fund, while other funds experienced outflows, reflecting a divergence in investment trends in the Bitcoin market.
What does BlackRock see that others don’t? 🤔