U.S. Spot Bitcoin ETFs Post $8.99 Million in Net Inflows on April 2
Fidelity’s FBTC led daily inflows, while BlackRock’s IBIT recorded the largest daily outflow as total net assets in U.S. spot Bitcoin ETFs reached $86.22 billion.
BTC
Summary
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Terms & Concepts
Spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly, giving investors market exposure without owning the asset themselves.
Net inflows: The net amount of money entering a fund after subtracting withdrawals or redemptions over a given period.
Net assets: The total value of a fund’s holdings after accounting for liabilities, often used to measure its size.