The 11 U.S.-listed spot bitcoin exchange-traded funds (ETF) have registered a net inflow of $5.77 billion this month, the highest since November, according to data source SoSoValue.
Most of these bets have been bold directional plays, with interest in cash-and-carry arbitrage plays picking up recently. Such has been the investor demand that these ETFs have experienced net outflows on only four days since mid-April.
BlackRock’s IBIT has received the most inflows, with bitcoin’s spot price hitting fresh record highs above $110,000.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Over the last few days, the Bitcoin price has fluctuated, but the most prominent moves…
Standard Chartered has sharply reduced its famously bullish Bitcoin roadmap, cutting its 2026 price target…
Ark Invest’s CEO and CIO, Cathie Wood, joined Fox Business’s “Morning With Maria” to discuss…
Market depth in smaller tokens remained thin, echoing the uneven liquidity that has characterized December…
Bitcoin is holding above $90,000 as the market heads into a highly anticipated FOMC meeting,…
During what many anticipated would be the year of a major Bitcoin (BTC) bull run,…