VanEck Bitcoin ETF Sees $7.9 Million Daily Flow with Developer Support | Flash News Detail | Blockchain.News

VanEck Bitcoin ETF Sees $7.9 Million Daily Flow with Developer Support

11/20/2024 12:56:36 AM

VanEck Bitcoin ETF Sees $7.9 Million Daily Flow with Developer Support

According to Farside Investors, the VanEck Bitcoin ETF has recorded a daily flow of $7.9 million. Notably, 5% of the profits from this ETF are allocated to Bitcoin developers, providing financial support for the continued development of the Bitcoin ecosystem. This allocation could attract ethical investors interested in contributing to the cryptocurrency's growth while engaging in trading activities. (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.