Spot Bitcoin ETFs record $457M inflows in ‘early positioning’ push - Source: CoinTelegraph

Spot Bitcoin exchange-traded funds (ETFs) recorded $457 million in net inflows on Wednesday, marking their strongest single-day intake in more than a month as institutional demand showed signs of re-acceleration.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the inflows, recording the largest daily intake at roughly $391 million, accounting for the majority of the day’s net inflows. BlackRock’s iShares Bitcoin Trust (IBIT) followed with around $111 million, according to data from Farside Investors.

Story continues: https://cointelegraph.com/news/spot-bitcoin-etfs-457m-inflows-early-positioning