Spot Bitcoin Exchange-Traded Funds Witness Record Inflows, Outperforming GBTC
Thursday, 9 May 2024, 08:09
Spot Bitcoin ETF Inflows Surpass GBTC
Spot bitcoin exchange-traded funds listed in the United States witnessed significant net inflows today, in contrast to GBTC which remained stable.
Investor Sentiment Shift
Investors are showing a clear preference for spot bitcoin ETFs, indicated by the increased inflows and performance.
This trend suggests a growing confidence in spot bitcoin investments over traditional GBTC holdings.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.