Bitcoin ETFs posted $2.2B net inflows over the week
Bitcoin exchange-traded funds (ETFs) had another strong week, with net inflows surpassing $2.2 billion between Feb. 12 and Feb. 16. According to Bloomberg analyst Eric Balchunas, the combined volume was higher than inflows received by any other among the 3,400 ETFs available in the United States. BlackRock's fund IBIT received the majority of capital, amassing positive flows of $1.6 billion over the past week, as revealed by data from BitMEX Research.
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