#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? 🤔

#BTC