The inflow of funds into spot Bitcoin ETFs amounted to more than $59 million

  • 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=”×415.png 1024w,×122.png 300w,×311.png 768w, 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.

. Источник: SoSo Value.” class=”wp-image-224169″ srcset=”×331.png 1024w,×97.png 300w,×248.png 768w, 1129w” sizes=”(max-width: 1024px) 100vw, 1024px”>Отток капитала из GBTC. Источник: SoSo Value.Отток капитала из GBTC. Source: SoSo Value

Let us remind you that on April 20, 2024, a halving occurred on the Bitcoin network.