US Bitcoin spot exchange-traded funds (ETFs) have seen a record $17 billion in net inflows, driven primarily by BlackRock’s IBIT and Fidelity’s FBTC. Conversely, Grayscale’s GBTC experienced a substantial net outflow of $18.694 billion, reflecting a shifting preference among investors. Despite a recent drop in trade volume, BlackRock’s Bitcoin holdings have surged above $20 billion, highlighting the increasing acceptance and integration of Bitcoin into mainstream investment portfolios.
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