$1.92 Billion Flows into American Spot Bitcoin ETFs Over Five Consecutive Days
The past week has seen an influx of $1.92 billion into American spot Bitcoin ETFs, marking five consecutive days of net inflows.
This brings their assets under management to around $100 billion, with BlackRock's IBIT ETF dominating Friday's trading day, attracting nearly 77% of the total daily inflows with $239.28 million alone.
The significant capital inflow has pushed the sector's overall assets under management by nearly $6 billion between Thursday and Friday to reach $96.07 billion, putting the symbolic $100 billion mark within reach of issuers.