Bitcoin ETF Inflows Surge to $730M as Price Breaks Past $81K
Bitcoin's price recovery continues to draw in institutional investors as US spot Bitcoin ETF inflows reached $730.9 million on Thursday, marking their strongest daily total since mid-January.
The surge was led by BlackRock's iShares Bitcoin Trust, which attracted about $454 million and accounted for roughly 62% of the day's total. Other funds, including ARK 21Shares' ARKB and Fidelity's FBTC, also saw significant inflows, while Grayscale's Bitcoin Mini Trust recorded $48.8 million.
However, not all funds participated in the buying spree. VanEck's HODL saw $19.6 million in outflows, and WisdomTree's BTCW shed $5.2 million.
The combined inflows marked the strongest day for US spot Bitcoin ETFs since January 14, extending a broader trend that saw the category attract about $3.5 billion in August.