On April 19, the net daily capital inflow into the Bitcoin ETF was $59.56 million.
The crypto fund from Fidelity managed to attract the most funds.
The outflow from the Grayscale Investments fund amounted to $45.82 million.
On April 19, 2024, net daily capital inflows into spot Bitcoin ETFs were $59.56 million, according to SoSo Value. Let us note that on April 18, an outflow of funds amounted to $4.39 million, and the day before – $165.10 million.
. Источник: SoSo Value.” class=”wp-image-224168″ srcset=”https://incrypted.com/wp-content/uploads/2024/04/image-53-1024×415.png 1024w, https://incrypted.com/wp-content/uploads/2024/04/image-53-300×122.png 300w, https://incrypted.com/wp-content/uploads/2024/04/image-53-768×311.png 768w, https://incrypted.com/wp-content/uploads/2024/04/image-53.png 1155w” sizes=”(max-width: 1024px) 100vw, 1024px”>Capital inflow/outflow in the sector spot bitcoin ETFs. Source: SoSo Value
According to SoSo Value, the first place in capital inflow on April 19 was taken by the Fidelity Bitcoin Spot ETF (FBTC) crypto fund from Fidelity. It added $54.77 million to its balance sheet, bringing funds under management to $8.14 billion.
In second place is iShares Bitcoin Trust (IBIT) with $29.28 million, in third place is an investment product from Ark Invest and 21 Shares with $12.53 million.. The remaining Bitcoin ETFs received a total of $7.3 million.
Note that the outflow of funds was recorded from the GBTC fund from Grayscale Investments and HODL from VanEck, $45.82 million and $1.82 million, respectively.
Isla MacKenzie covers Web3 culture, NFTs and the metaverse from Edinburgh. A former product writer at Sky and CodeBase, she has been on the BTCNews team since 2022 and runs our weekly Creators newsletter. Isla studied Digital Humanities at the University of Edinburgh and was named one of CityAM's '30 Under 30 in Crypto' in 2024. She writes about culture without losing sight of the underlying tech.
Отток капитала из GBTC. Source: SoSo Value 