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Bitcoin Spot ETFs Attract $2.17 Billion in Five Days; IBIT and FBTC Take the Lead
The crypto market has witnessed a remarkable surge, with Bitcoin spot ETFs attracting a staggering $2.17 billion in just five days. This influx of capital is unprecedented, highlighting the growing interest in digital assets.
According to recent data, several key players have made significant gains, with IBIT and FBTC taking the lead. IBIT, Valkyrie’s BRRR ETF, reported net assets of $930.47 million, a notable 1.70% gain. Its impressive performance has undoubtedly captured attention from investors seeking higher returns.
Meanwhile, Invesco’s BTCO has seen its value increase by 1.65%, with assets reaching $888.56 million. This upsurge demonstrates the growing demand for Bitcoin-based ETFs.
Franklin’s EZBC also made a notable gain of 1.69%, with net assets now standing at $768.81 million. WisdomTree’s BTCW and Hashdex’s DEFI showed net assets of $390.38M and $16.19M respectively, both experiencing daily gains of around 1.62% to 1.16%.
The remarkable influx of capital is a testament to the increasing recognition of Bitcoin spot ETFs as a viable investment opportunity.
Source: cryptonewsland.com
