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Net cash inflows to Bitcoin 
$99,527 ETFs began to trend positively again after the core Consumer Price Index (CPI) fell in December. This development led to a rally in global stock and cryptocurrency markets. On Wednesday, net cash inflows to Bitcoin ETFs surged to $755 million, with Fidelity’s FBTC product leading the way with an impressive inflow of $463 million. Following a strong rise in the S&P 500 index, Bitcoin’s price surpassed the $100,000 mark.
Renewed Investment Flow into Bitcoin ETFs
After four consecutive trading days of net outflows, Bitcoin-based ETFs recorded robust cash inflows on Wednesday. Led by Fidelity, these investment instruments gathered over 7,548 BTC ($99,449.76) from the market while daily Bitcoin production stood at 450 BTC.
Fidelity’s FBTC product topped the list with $463 million in cash inflows, while Ark Invest’s ARKB product secured the second spot with $138 million. BlackRock’s iShares Bitcoin Trust (IBIT) managed to record a $31 million inflow, alon…
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