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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
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Inflows into Bitcoin spot ETFs reached 200 million yesterday
Yesterday's winner in Bitcoin spot ETFs was Fidelity. The company received a net investment of $232 million in its Bitcoin product. That figure was $116 million for BlackRock.
Grayscale continues to reduce...
Grayscale, which has sold hundreds of millions of dollars worth of Bitcoin since Jan. 11, had net outflows of $187 million yesterday. The value of Bitcoins held by Grayscale is still over $20 billion.
This figure is around $2.8 billion for BlackRock and $2.5 billion for Fidelity. After these two companies, Bitwise comes with $647 million and ARK Invest with $645 million.
Positive for the last 4 days in a row
On the other hand, as of Jan. 31, the cumulative net investment received by ETFs was $1.46 billion. The total value of assets is over $27 billion. ETFs are also seen to have turned positive in the last 4 days after 4 days of negative net investments in a row.
ETFs received net investments of +$14 million on Friday, +$255 million on Monday, +$247 million on Tuesday, and +$197 million yesterday.
The number of Bitcoin held by companies was 653,274 BTC, and this figure broke a new record.
Published: February 1, 2024 2:18 pm