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🧠IMPACT OF BITCOIN ETFs IN USA

🧠IMPACT OF BITCOIN ETFs IN USA

Day: 08 | Time: 14:56:30.000Z Six months after the approval of Bitcoin ETFs in the United States, there has been explosive growth, with a total balance of over $50 billion as of July 2024. The ETFs have increased the credibility of BTC and introduced a new dimension to the crypto market. The highest balance was held by Grayscale's GBTC, but it was surpassed by BlackRock's IBIT at the end of May. Fidelity Bitcoin Trust has shown impressive growth. Significant fluctuations in the ETF balances have been observed, with those with higher balances exhibiting greater volatility. Significant inflows were recorded in the first quarter, but a decrease in the second quarter. Overall, the ETFs have had a significant impact on the investor landscape.

Bitcoin ETF Report
Bitcoin ETF Balances
Bitcoin ETF Flows YTD