Crypto
Bitcoin ETFs Soar to $730M Inflows Amid Strong Price Action
U.S. spot Bitcoin ETFs saw significant inflows on Thursday, pulling in $730.9 million - their largest haul since January 14.
This influx follows a week of mixed results for these funds. According to SoSoValue data, BlackRock's iShares Bitcoin Trust led the charge with $454 million, accounting for roughly 62% of the total inflows.
BlackRock was followed by ARK Invest and 21Shares' ARKB with $137.7 million and Fidelity's FBTC with $74.4 million.
The only funds to record outflows were VanEck's HODL at $19.6 million and WisdomTree's BTCW at $5.2 million, leaving the week-to-date flows firmly positive at $812.1 million.