{"id":228491,"date":"2024-01-12T22:51:52","date_gmt":"2024-01-12T17:21:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=228491"},"modified":"2024-01-12T22:51:52","modified_gmt":"2024-01-12T17:21:52","slug":"spot-bitcoin-etfs-drove-over-700m-in-one-day-preliminary-data-show-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/spot-bitcoin-etfs-drove-over-700m-in-one-day-preliminary-data-show-crypto-news\/","title":{"rendered":"Spot Bitcoin ETFs Drove Over $700M in One Day, Preliminary Data Show &#8211; Crypto News"},"content":{"rendered":"<p>Bitwise led the way attracting the most flows out of the 11 funds that started trading.<\/p>\n<div>\n<p>Spot bitcoin exchange-traded funds (ETFs) drew in more than $700 million on their first day of trading.<\/p>\n<p>The 11 spot Bitcoin ETF that started trading Thursday for the first time drew in $720 million in net flows, according to preliminary data compiled by BitMEX Research. The data is incomplete though, as it doesn&#8217;t yet include Grayscale&#8217;s GBTC fund.<\/p>\n<p>The Bitwise Bitcoin ETF led with $238 million, indicating strong institutional interest. Following were Fidelity Wise Origin Bitcoin ETF and BlackRock&#8217;s iShares Bitcoin Trust with $227 million and $111.7 million, respectively. <\/p>\n<p>These figures highlight the growing confidence in Bitcoin as an asset class and the demand for diverse investment products within the cryptocurrency space.<\/p>\n<p><!--$!--><!--\/$--><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise led the way attracting the most flows out of the 11 funds that started trading. Spot bitcoin exchange-traded funds (ETFs) drew in more than $700 million on their first day of trading. The 11 spot Bitcoin ETF that started trading Thursday for the first time drew in $720 million in net flows, according to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":228492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-228491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=228491"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228491\/revisions"}],"predecessor-version":[{"id":228494,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228491\/revisions\/228494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/228492"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=228491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=228491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=228491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}