{"id":25721,"date":"2024-01-19T13:41:18","date_gmt":"2024-01-19T13:41:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/fidelitys-fbtc-hits-1b-inflows-pullix-plx-presale-raises-389m\/"},"modified":"2024-01-19T13:41:18","modified_gmt":"2024-01-19T13:41:18","slug":"fidelitys-fbtc-hits-1b-inflows-pullix-plx-presale-raises-389m","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/fidelitys-fbtc-hits-1b-inflows-pullix-plx-presale-raises-389m\/","title":{"rendered":"Fidelity&#8217;s FBTC hits $1B inflows, Pullix PLX presale raises $3,89M"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631787788853-e56fc0d4-fd8a-470c-a640-849bbe1e99ca-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631787788853-e56fc0d4-fd8a-470c-a640-849bbe1e99ca-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631787788853-e56fc0d4-fd8a-470c-a640-849bbe1e99ca-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631787788853-e56fc0d4-fd8a-470c-a640-849bbe1e99ca-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul class=\"decimal_type\">\n<li>Fidelity\u2019s FBTC hits $1B inflows, second to BlackRock\u2019s IBIT.<\/li>\n<li>10 out of the 11 approved ETFs gain $3.4B, Grayscale sees $2.2B outflows.<\/li>\n<li>Pullix PLX token presale gains steam as the trade-to-earn token\u2019s value rises from $0.04 to $0.08.<\/li>\n<\/ul>\n<p>Fidelity\u2019s FBTC spot bitcoin ETF has emerged as the second to surpass $1 billion in inflows, trailing closely behind BlackRock\u2019s IBIT.<\/p>\n<p>Simultaneously, <a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1928\">Pullix<\/a>, a DeFi protocol, stirred excitement with its PLX token presale, showcasing impressive price surges across stages.<\/p>\n<h2>Fidelity\u2019s FBTC inflows<\/h2>\n<p>Fidelity\u2019s FBTC has rapidly gained traction in the <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/invest\/\">crypto investment<\/a> space, becoming the second spot Bitcoin ETF to reach $1 billion in inflows after BlackRock\u2019s IBIT.<\/p>\n<p>According to <a href=\"https:\/\/x.com\/BitMEXResearch\/status\/1748223915493646571?s=20\">BitMEX Research<\/a>, the FBTC ETF achieved this milestone within just five days of trading. The surge in inflows underscores the growing interest among institutional and retail investors in gaining exposure to Bitcoin through regulated and mainstream financial instruments.<\/p>\n<p>BitMEX Research data reveals a robust performance of various spot bitcoin ETFs in the market. While Fidelity\u2019s FBTC and BlackRock\u2019s IBIT lead with $1 billion-plus inflows each, other notable players include Bitwise with $395.5 million, Ark Invest\/21Shares with $320.9 million, and Invesco with $194.9 million.<\/p>\n<p>The overall positive sentiment is evident as 10 out of 11 ETFs garnered inflows totalling almost $3.4 billion, with Grayscale experiencing $2.2 billion in outflows.<\/p>\n<h2>Pullix PLX token presale<\/h2>\n<p>Simultaneously, Pullix, a new player in the crypto sphere, has captivated the attention of crypto traders and investors alike with its hybrid trading platform scheduled for launch before the end of January. The platform is currently conducting the presale for its native token, PLX, and the presale has seen remarkable developments, with PLX prices reflecting significant fluctuations across stages.<\/p>\n<p><a href=\"https:\/\/pullix.io\/?utm_source=Coinjournal&amp;utm_medium=PR&amp;utm_campaign=1928\">Pullix\u2019s PLX token<\/a>, with its innovative \u201cTrade-to-Earn\u201d mechanism, has witnessed substantial interest. As investors eagerly participate in the presale, the token\u2019s value has surged, revealing the market\u2019s confidence in Pullix\u2019s unique approach to <a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\">decentralized finance (DeFi)<\/a>.<\/p>\n<p>Starting at an initial price of $0.04, the token swiftly progressed through various stages, reaching $0.08 in the current sixth stage.<\/p>\n<p>The presale has so far raised $3,890,284 reflecting investor confidence in Pullix\u2019s vision of bridging decentralized and centralized exchanges, offering a comprehensive trading experience with a focus on liquidity provision.<\/p>\n<h2>Conclusion<\/h2>\n<p>The <a href=\"https:\/\/coinjournal.net\/news\/tag\/cryptocurrency\/\">recent developments in the crypto market<\/a> paint a vivid picture of its ever-evolving nature. Fidelity\u2019s FBTC achieving $1 billion in inflows signifies the growing mainstream acceptance of Bitcoin, while Pullix\u2019s PLX presale success underlines the demand for innovative DeFi solutions.<\/p>\n<p>The crypto world\u2019s continuous evolution promises exciting prospects, and investors remain poised for further groundbreaking developments.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/fidelitys-fbtc-hits-1b-inflows-pullix-plx-presale-raises-389m\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Fidelity\u2019s FBTC hits $1B inflows, second to BlackRock\u2019s IBIT. 10 out of the 11 approved ETFs gain $3.4B, Grayscale sees $2.2B outflows. Pullix PLX token presale gains steam as the trade-to-earn token\u2019s value rises from $0.04 to $0.08. Fidelity\u2019s FBTC spot bitcoin ETF [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":25722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25721"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25721"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25722"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}