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bitcoin Spot ETFs (Exchange Traded Funds) Recorded Over $365 Million in Inflows Yesterday as btc Today it exceeds $65,000 for the first time in two months.
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ARKB Leads US Spot bitcoin ETF Inflows
21Shares' Ark Invest and ARKB recorded the largest inflows yesterday, with $113.8 million entering their reserves. In second place was BlackRock's IBIT with $93.4 million of net inflows.
All funds except Grayscale's BTCW and GBTC recorded inflows. BTCW recorded zero inflows, while GBTC resumed its outflow trend after two consecutive days of no inflows.
Despite not recording the largest inflows yesterday, IBIT maintains a commanding lead over the other funds. Since its launch at the beginning of the year, the spot bitcoin The ETF has raised $21,312 million.
The fund with the next largest accumulated inflows is Fidelity's FBTC with $9,862 million. Meanwhile, Grayscale's GBTC has lost $20.116 billion over the same period.
crypto Fear and Greed Index Up 11 Points
The crypto Fear and Greed Index indicates that investor sentiment turned positive in the last 24 hours. After a neutral score of 50 yesterday, the index rose 11 points to 61, indicating that “greed” has returned to the market.
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twitter.com/hashtag/crypto?src=hash&ref_src=twsrc%5Etfw”>#crypto The Fear and Greed index has gone from “Neutral” yesterday to “Greed” today as twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin It exceeded $65,000.
How do you feel about the market today? pic.twitter.com/UrL9UaJfNp
– CoinGecko (@coingecko) twitter.com/coingecko/status/1839534691994714382?ref_src=twsrc%5Etfw”>September 27, 2024
The change in investor sentiment is reflected in the cryptocurrency market capitalization, which rose more than 2% to more than $2.3 trillion in the last 24 hours, according to CoinMarketCap.
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