Bitwise Bitcoin ETF Sees Significant Daily Inflow

12/13/2024 11:37:48 PM

According to Farside Investors, the Bitwise Bitcoin ETF has recorded a significant daily inflow of $33.2 million. Notably, 10% of the profits from this product are allocated to Bitcoin developers, supporting the ongoing development of the cryptocurrency. This inflow indicates strong investor interest and could influence Bitcoin's market dynamics. (Source)

Bitcoin ETF Bitcoin developers Bitwise

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.

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