Bitcoin ETFs See Strongest Inflow in Three Weeks, Surpassing $233M

Bitcoin exchange-traded funds (ETFs) have experienced their strongest daily inflows in over three weeks, bringing in $233.1 million on Thursday.

The influx was primarily driven by BlackRock's iShares Bitcoin Trust (IBIT), which saw net inflows of $183.4 million and accounted for 78.7% of the day's total, according to SoSoValue data.

Bitwise's BITB and Fidelity's FBTC followed with $20.7 million and $15.5 million in net inflows, respectively.

This influx has flipped Bitcoin ETFs into positive territory for the week, with a total of $203.84 million in net inflows as of Thursday.