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VanEck Buys $120 Million Bitcoin, Net Inflows Top $500 Million
source link: https://www.trustnodes.com/2024/03/12/vaneck-buys-120-million-bitcoin-net-inflows-top-500-million
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VanEck Buys $120 Million Bitcoin, Net Inflows Top $500 Million
VanCck CEO on the left
VanEck has seen a big jump in bitcoin buying with $118.8 million in inflows for Monday, up from their average of $6 million.
The inflows are so big for VanEck that it almost doubled their bitcoin assets under management to $251 million after the issuer announced no fees until the 31st of March 2025 or $1.5 billion in assets.
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