As the cryptocurrency market faces a broader downturn, Bitcoin exchange-traded funds (ETFs) are not escaping the prevailing trends. Recent reports from Farside Investors indicate that BTC ETFs experienced substantial outflows of $52.9 million on October 2
Read MoreBlackRock's Bitcoin ETF experienced a significant increase in investment on Tuesday, receiving $290 million in inflows, which accounted for 95% of the total inflow into US spot Bitcoin ETFs.
Read MoreIn the Bitcoin ETF market, BlackRock's IBIT ETF has become a popular option and has attracted a lot of interest from institutional investors. Only about 30 fund managers own 0.2% of the company's shares, notwithstanding their investments.
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