VanEck Bitcoin ETF Sees $11.3 Million Daily Inflow | Flash News Detail | Blockchain.News

VanEck Bitcoin ETF Sees $11.3 Million Daily Inflow

10/26/2024 12:14:23 AM

VanEck Bitcoin ETF Sees $11.3 Million Daily Inflow

According to FarsideUK, the VanEck Bitcoin ETF has recorded a daily inflow of $11.3 million. Notably, 5% of the profits generated from this ETF product are allocated to Bitcoin developers, supporting the ongoing development of the Bitcoin network. This information could be pivotal for traders monitoring the impact of ETF inflows on Bitcoin's market dynamics. (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.