Spot bitcoin ETF flows: Where the money is going

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Bitcoin (BTC-USD) prices jumped this week, briefly touching $52,000 amid rising demand for spot bitcoin ETFs. The iShares Bitcoin Trust ETF (IBIT) saw the highest inflows at $5.2 billion. However, the Grayscale Bitcoin Trust (GBTC) lagged with over $6 billion in outflows.

Yahoo Finance Senior Markets Reporter Jared Blikre breaks down the details.

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Editor's note: This article was written by Angel Smith