tl;dr
Last week, the US spot Bitcoin ETF market saw a shift in investor sentiment with positive inflows of $116 million, ending a month-long streak of outflows. Bracebridge Capital, a Boston-based hedge fund, made significant investments in Ark Invest’s ARKB ETF ($262 million) and Blackrock’s IBIT ETF ($8...
US spot Bitcoin ETF market experiences notable shift in investor sentiment with $116 million positive inflows
Last week, the US spot Bitcoin ETF market saw a shift in investor sentiment with positive inflows of $116 million, ending a month-long streak of outflows.
Boston-based hedge fund Bracebridge Capital nets major ETF holdings, becoming the largest owner of Blackrock’s IBIT Bracebridge Capital, a Boston-based hedge fund, made significant investments in Ark Invest’s ARKB ETF ($262 million) and Blackrock’s IBIT ETF ($81 million), becoming one of the largest holders of Bitcoin ETFs.
Bitcoin ETF outflows persist in Hong Kong amidst rumors of potential integration into Stock Connect system from mainland China Meanwhile, Hong Kong's Bitcoin ETF market experienced consistent outflows, amid speculation about potential integration into mainland China's Stock Connect system. This integration could lead to a significant influx of capital from mainland China into the Bitcoin ETF market.
Additional Insights The daily chart shows that BTC’s price is trending upward, reaching the $63,000 level with a 3% increase in the last 24 hours alone.
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