Bitcoin ETFs See Seventh Straight Day of Inflows Totalling Over 2.9 Billion
Bitcoin ETFs continued their winning streak on Friday, attracting $134.47 million in fresh capital and extending their inflow run to seven sessions. This brings the total seven-day inflow for these funds to a significant $2.98 billion.
The inflows are being driven by institutional investors, with Blackrock's IBIT adding $96.99 million and Fidelity's FBTC contributing $49.32 million. Bitwise's BITB, however, moved against the trend, shedding $11.85 million.
Ether ETFs also finished the day in positive territory, bringing in $86.95 million for a sixth consecutive session of inflows. Blackrock dominated the activity across its two ether products, with ETHA attracting $50.37 million and ETHB adding another $31.88 million.