On February 15th, COINOTAG News reported significant movements in the cryptocurrency investment landscape, particularly concerning the US Bitcoin spot Exchange-Traded Funds (ETFs). According to Farside Investors, there was a robust net inflow of $70.60 million into these ETFs. Notably, the BlackRock IBIT product led the pack with an impressive $22.30 million influx, reflecting strong institutional interest. Meanwhile, Fidelity’s FBTC garnered $94.00 million, indicating robust demand among investors wary of market volatility. However, not all funds experienced similar fortunes; Ark Invest’s ARKB faced outflows of $13.20 million, and Grayscale’s GBTC saw a substantial decline of $47.00 million. In contrast, Grayscale Mini BTC managed a small inflow of $6.50 million, illustrating the diverse investor sentiment within the marketplace as interest in Bitcoin remains pronounced.
Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-sees-70-60-million-net-inflow-amid-mixed-performance-from-major-funds/