List of Flash News about ETF profit to developers
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2025-06-04 00:25 |
VanEck Bitcoin ETF Sees $18.8 Million Inflows; 5% of Profits Support Bitcoin Developers – Key Trading Insights
According to Farside Investors, VanEck’s US-listed Bitcoin ETF recorded a daily inflow of $18.8 million as of June 4, 2025. Notably, 5% of the ETF’s profits are allocated to Bitcoin developers, strengthening the ecosystem and potentially supporting long-term price stability. This consistent inflow signals ongoing institutional interest, which is viewed as bullish for Bitcoin’s price action in the short to medium term. Traders should monitor VanEck’s ETF flows as a leading indicator of market sentiment and potential price momentum shifts in the cryptocurrency market. (Source: Farside Investors, June 4, 2025) |