Cryptocurrency Q&A
How much money does a bitcoin ETF make a day?
How much money does a bitcoin ETF make a day?
Daniele
Thu Jul 18 2024
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7 answers
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As a keen observer of the cryptocurrency and financial markets, I'm curious to understand the financial performance of a bitcoin exchange-traded fund (ETF). Specifically, I'm wondering, "How much money does a bitcoin ETF make a day?" This question is aimed at understanding the potential returns investors can expect from such a financial instrument. Given the volatility of the cryptocurrency market, the answer is likely to vary significantly. However, an average daily profit or loss figure would be invaluable in gauging the attractiveness of investing in a bitcoin ETF.
7 answers
DigitalCoinDreamer
Fri Jul 19 2024
The cryptocurrency market witnessed significant inflows recently, with IBIT accounting for a substantial $849 million.
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TaegeukChampionship
Fri Jul 19 2024
The Fidelity Wise Origin Bitcoin Fund (FBTC) also saw an inflow, albeit a smaller one, totaling $51.6 million.
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Valentino
Fri Jul 19 2024
Among these ETFs, the daily inflows and outflows of spot Bitcoin ETFs were closely watched as they indicate investor sentiment and market dynamics.
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EnchantedSky
Fri Jul 19 2024
In contrast, the contribution from other Bitcoin-related exchange-traded funds (ETFs) was comparatively lower.
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Martina
Fri Jul 19 2024
ARK 21Shares Bitcoin ETF (ARK) recorded an inflow of $93 million, representing a fraction of IBIT's total.
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