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Spot Bitcoin ETFs gain traction

BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have attracted a substantial portion of their total ETF inflows this year, at 26% and 56% respectively.

IBIT recently surpassed Grayscale’s Bitcoin Trust (GBTC) as the world’s largest spot Bitcoin ETF, highlighting a shift in investor preference.

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