BlackRock and Fidelity Bitcoin ETFs Make Waves in January, Surpassing $4.8 Billion in Flows

BlackRock and Fidelity Bitcoin ETFs Make Waves in January, Surpassing $4.8 Billion in Flows

BlackRock and Fidelity’s Bitcoin ETFs have seen unprecedented inflows, exceeding $4.8 billion in January alone.
These inflows have bolstered Bitcoin’s resilience, maintaining its price around the $43k mark despite previous selling pressures.

Earlier this month, February witnessed record-breaking achievements in the Bitcoin ETF sector. Notably, the sector saw an impressive $200 million in inflows within just four days. Furthermore, BlackRock’s Bitcoin ETF made history by surpassing Grayscale’s GBTC in trading volume, as highlighted by CNF.

In this article, I will discuss the recent success of the Bitcoin ETF, which has had one of the most successful launches in ETF history, attracting a remarkable $4.8 billion in flows. This underscores its significant impact and the high level of investor interest in the cryptocurrency market. For more details, check out the CNF YouTube video.

BlackRock’s IBIT and Fidelity’s FBTC Stand Out
According to a report by Morningstar analyst

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