BTC Rallies Amid Increasing ETF Net Inflow Days After Bitcoin Halving

• According to Soso Value, Bitcoin ETF net inflow increased by $62.0899 million last Monday.
• Grayscale’s GBTC recorded a net outflow of $34.993 million on the same day.
• Bitcoin gained 2.89% following increasing ETF inflows after Friday’s halving event.

Data from Soso Value, the platform for ETF data aggregation, shows that the total net inflow of Bitcoin spot ETF on Monday, April 22, was $62.0899 million. Significantly impacting this net inflow was the outflow from the GrayScale GBTC, which Soso Value recorded as $34.993 million.

According to SoSoValue, the total net inflow of Bitcoin spot ETF yesterday, April 22, was $62.0899 million. Grayscale GBTC had a single-day net outflow of $34.993 million. The single-day net inflow of Fidelity ETF FBTC was US$34.8334 million, and the historical cumulative net… pic.twitter.com/yt2vTMA5bm

— Wu Blockchain (@WuBlockchain) April 23, 2024

Fidelity’s FBTC topped the ETF inflows on that particular day, with an influx of $34.8334 million worth of investment, pushing the historical cumulative net inflow of the Bitcoin spot ETF to $12.384 billion. Other ETFs added to this cumulative net inflow, with Ark Investment’s…

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