Bitcoin spot ETFs closed Thursday with a net gain of $250 million in total. While the highest investment came to Fidelity with $158 million, this figure was $125 million for BlackRock.

Outflows at Grayscale are decreasing

Grayscale, where sales have started to decrease visibly recently, had an outflow of 55 million dollars yesterday. This was the second-lowest debut, following sales of $51 million on February 9. Grayscale has sold $7.4 billion so far, but the company still holds $23 billion worth of Bitcoin.

While the total net money coming into the funds since January 11, when the ETFs were approved, was 5.39 billion dollars, the companies hold $38 billion worth of Bitcoin. This number corresponds to 3.4% of the total Bitcoin supply.

The company that has received the most investment so far is BlackRock with 5.7 billion dollars, and Fidelity comes in second with 4.05 billion dollars.

It was published:

Last update:

If you want to be the first to be informed about the latest developments, join Uzmancoin Telegram channel!


Leave a Reply