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Bitcoin ETFs Add $176M as 2-Day Inflows Top $286M

By Emmanuel Musa

U.S. bitcoin ETFs attracted $175.99 million on Tuesday, extending their winning streak to two sessions and bringing week-to-date inflows to more than $286 million. Blackrock, Fidelity Drive Bitcoin ETF Streak Bitcoin’s institutional bid strengthened Tuesday, and this time the buying widened beyond Blackrock. Spot…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

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