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iShares Bitcoin Trust recorded net inflows of $34.7 million on April 13, followed by a much larger $213.8m on April 14.
BlackRock accumulated nearly $250 million in Bitcoin through its iShares Bitcoin Trust within 48 hours.
KEY POINTS
- Despite sector outflows on April 13, U.S. spot Bitcoin ETFs rebounded with $411.4 million net inflows on April 14.
- Morgan Stanley’s MSBT is the first spot Bitcoin ETF from a major U.S. bank, with a 0.14% expense ratio.
- Goldman Sachs filed with the SEC for its first Bitcoin-related ETF, aiming to provide yield via options strategies.
- U.S. spot Bitcoin ETFs logged $871 million net inflows for the week, the strongest since February.
COMPANIES
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