Bitcoin ETF sets a record inflow of $2.4 billion, the market's enthusiasm for digital gold is on the rise.

Zhitong
2024.02.20 02:38
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Bitcoin ETF has become the most popular digital asset investment product, attracting $2.4 billion, accounting for 99% of all inflows. At the same time, the newly approved US Bitcoin spot ETF has exceeded the outflow of Grayscale Bitcoin Trust (GBTC). BlackRock's IBIT and Fidelity's FBTC have attracted a large amount of funds. This surge in demand comes as Bitcoin hits new highs, with investors expecting it to reach new historical highs. The inflow of the entire cryptocurrency asset category has also hit a record high, with Bitcoin accounting for 99% of net inflows. Blockchain stock ETFs have experienced outflows as investors take profits.