List of Flash News about crypto ETF profits
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2025-05-20 22:53 |
Bitcoin ETF Daily Flow: Bitwise Reports $5.8 Million Inflows and 10% Profit Allocation to Bitcoin Developers
According to Farside Investors, the Bitwise Bitcoin ETF recorded a daily inflow of $5.8 million, with 10% of profits from this product allocated directly to Bitcoin developers. This inflow signals sustained institutional interest and could positively impact Bitcoin’s liquidity and price stability. The unique profit-sharing model enhances developer incentives, potentially strengthening the Bitcoin ecosystem and increasing investor confidence in the ETF’s long-term value proposition (Source: Farside Investors, farside.co.uk/btc/). |