Bitcoin spot ETFs also completed the February 27 trading day positively and received a net investment of $576 million. While Grayscale outflows continued yesterday, the figure was 125 million dollars.
BlackRock broke a record
The winner of the day was BlackRock by far. The $10 trillion investment management company received a net input of $520 million. This figure surpassed the $493 million investment on February 13, marking the largest demand the company has received. In second place was Fidelity with $126 million, and in third place was Bitwise ETF with $18 million.
While the cumulative net input in ETFs exceeds $ 6.72 billion, companies hold a total of $ 43 billion worth of Bitcoin. These BTCs account for 3.86% of the total supply.
ETFs had an excellent start to the week, receiving net investments of $519 million on Monday. The rise in Bitcoin started on Monday, and the largest cryptocurrency rose from 53 thousand dollars to 57 thousand dollars as of Tuesday morning.
Bitcoin is trading around $59,150 at the time the news was written.
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Source: https://uzmancoin.com/bitcoin-blackrock-etf-kripto-token/
