VanEck Bitcoin ETF Reports $8.6 Million Daily Flow

12/14/2024 12:26:48 AM

According to Farside Investors, the VanEck Bitcoin ETF has recorded a daily flow of $8.6 million. Notably, 5% of the profits generated from this ETF are allocated to Bitcoin developers, supporting the ongoing development of the Bitcoin network. Traders should consider the implications of this flow and profit allocation on Bitcoin's market dynamics and developer ecosystem. (Source)

Bitcoin ETF VanEck Bitcoin developers

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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