According to Bloomberg ETF analyst Eric Balchunas, Fidelity’s Bitcoin spot ETF FBTC saw a net inflow of $329 million yesterday (6/4), while the top ten funds saw a total inflow of nearly $1 billion, making it the second best day since mid-March. In the past four weeks, there has been an inflow of $3.3 billion, and a total inflow of $15 billion since the beginning of the year, which is the highest value estimated by Bloomberg in the past 12 months. Balchunas believes that the “third wave” is turning into a tsunami.
“Bitcoin Spot ETF Continues to Experience Net Inflows, 10x Bold Prediction, BTC Set to Reach Historic New High Next Week”
No Comments1 Min Read