The 11 U.S.-listed spot bitcoin exchange-traded funds (ETF) have registered a internet influx of $5.77 billion this month, the very best since November, in accordance with information supply SoSoValue.
Most of those bets have been bold directional plays, with curiosity in cash-and-carry arbitrage performs selecting up lately. Such has been the investor demand that these ETFs have skilled internet outflows on solely 4 days since mid-April.
BlackRock’s IBIT has acquired probably the most inflows, with bitcoin’s spot value hitting recent file highs above $110,000.
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