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Fidelity leads with inflows as Bitcoin ETFs capture $217M in o | Bitcoin & Crypto Trading

Fidelity leads with inflows as Bitcoin ETFs capture $217M in one day

According to Farside data, the Bitcoin ETFs (Exchange-Traded Funds) in the US witnessed another net inflow day on May 6, reaching $217.0 million. This massive influx comes just days after another significant inflow was recorded on May 3. Grayscale’s GBTC saw an inflow of $3.9 million, marking back-to-back inflows for the fund. Despite these positive developments, GBTC has still recorded total outflows of $17.4 billion. Fidelity (FBTC) emerged as the leader, attracting the largest inflow of $99.2 million on May 6.

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@Bitcoin_Blockchain_Trading