World ETFs
In response to Daring.report knowledge, all Bitcoin exchange-traded funds (ETFs) collectively maintain over a million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed throughout a number of international locations, together with the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia. US-based ETFs lead the pack, with Grayscale GBTC holding roughly 292,000 BTC, adopted by BlackRock IBIT with roughly 280,000 BTC, and Constancy FBTC at 162,000 BTC. These three giants collectively maintain roughly 734,000 BTC.
US ETFs
Farside knowledge reveals that Might 24 marked one other strong day for US Bitcoin ETFs, with inflows reaching $251.9 million. This continues a streak of ten consecutive buying and selling days of optimistic inflows into US Bitcoin ETFs. BlackRock IBIT led the pack with an influx of $182.1 million, bringing their whole internet influx to $16.4 billion. Constancy FBTC adopted with a $43.7 million influx, pushing their whole internet influx to $8.7 billion. VanEck HODL additionally skilled vital exercise, recording a $15.6 million influx, which raised their whole internet influx to $525.3 million. Grayscale GBTC reported no inflows or outflows, sustaining a internet outflow of $17.6 billion.
General, the overall internet inflows into US Bitcoin ETFs have now reached $13.7 billion, based on Farside knowledge.
