Global Stock News

Bitcoin ETFs add $88M, ending three-day outflow streak

Bitcoin ETFs add $88M, ending three-day outflow streak

Bitcoin ETFs recorded $88.04 million in net inflows on February 20, breaking a three-day outflow streak that drained $403.90 million.

Summary

  • Bitcoin ETFs post $88M inflows after three days of $403M outflows.
  • IBIT and FBTC drive all flows as most funds remain inactive.
  • Weekly redemptions continue with $315M leaving BTC products.

BlackRock’s IBIT led with $64.46 million while Fidelity’s FBTC attracted $23.59 million, with remaining funds posting zero flows.

Bitcoin (BTC) traded at $67,800 with minimal 24-hour movement after touching a low of $66,452 during the session.

Total net assets reached $85.31 billion while cumulative total net inflow stood at $54.01…

Source link

Share this article

Scroll to Top