Bitcoin ETF Inflows Surge Past Three-Week High Amid BTC Price Decline
US Bitcoin exchange-traded funds (ETFs) saw their strongest daily inflows in over three weeks, despite a decline in the Bitcoin price. The combined inflows reached $233.1 million on Thursday.
The majority of this came from BlackRock's iShares Bitcoin Trust, which attracted $183.4 million and accounted for approximately 78.7% of the daily total.
Bitwise's BITB followed with $20.7 million in inflows, while Fidelity's FBTC recorded $15.5 million. The latest figures pushed weekly Bitcoin ETF flows back into positive territory.