US Spot Bitcoins ETFs Record Best Net Daily Inflows In 6 Weeks Ahead Of FOMC Meeting
US Spot Bitcoin ETFs (exchange-traded funds) recorded their best net daily inflows in 6 weeks as traders and investors prepare for the upcoming Federal Open Market Committee (FOMC) meeting. The BTC funds saw $274.6 million enter their reserves collectively yesterday, marking the best net daily inflows since Feb. 4, according to data from Farside Investors . That comes as the FOMC’s two-day meeting commences today. Investors and traders are now waiting to see if interest rates will be hiked, slashed or remain steady, which could impact the crypto market. Fidelity’s And Ark’s Spot Bitcoin ETFs Top BlackRock’s IBIT In Daily Inflows Of the 11 spot Bitcoin ETFs in the US, BlackRock’s IBIT, Fidelity’s FBTC, Bitwise’s BITB, Ark’s ARKB and Grayscale’s BTC were the only funds to record inflows yesterday. The remaining ETFs recorded no new flows. 🚨 Bitcoin ETFs bought +$274.6 MILLION after the longest streak of weekly out...