Mustafa has been writing about blockchain and cryptocurrencies for several years. He has previous trading experience and has been working in the fintech industry since 2017.
February 29, 2024 19:07
The Spot Bitcoin ETF recorded daily cumulative inflows of a whopping $676 million, setting a new ATH! However, Grayscale Bitcoin Trust recorded outflows of $216.4 million, reducing total inflows from $893.2 million to $676.8 million. Since February 12, the U.S. spot Bitcoin ETF market has recorded a cumulative inflow of $7.4 billion, while the market has suffered a loss of more than $7.8 billion due to Grayscale’s large outflow. iShares’ endowment remains at its highest as of February 28, at $7.15 billion.
