Bitcoin ETFs Draw Near Billion in Net Inflows for Third Straight Week
US-listed spot Bitcoin exchange-traded funds (ETFs) absorbed nearly $1 billion in net creations last week, extending their rebound in regulated demand for the leading digital asset. The figure of approximately $987 million marked the third consecutive week of inflows and slightly exceeded the prior week's intake of about $925 million. Over a three-week stretch, close to $3.8 billion has flowed into these products, one of the firmest consecutive buying runs seen this year.
BlackRock's iShares Bitcoin Trust dominated the activity, capturing roughly $692 million during the week and solidifying its position as the preferred vehicle for large allocators. The ARK 21Shares Bitcoin ETF added a notable secondary contribution of around $138 million.
Fidelity's Wise Origin Bitcoin Fund also recorded meaningful creations, particularly on the final session. In contrast, Grayscale's converted Bitcoin Trust posted net outflows near $48 million, continuing its long-running pattern of transfers into lower-cost competitors.