Bitcoin Spot ETF Sees Record Net Inflows Amid Crypto Market Volatility
The Bitcoin spot ETF saw significant net inflows of USD 242.24 million yesterday, led by BlackRock's IBIT with USD 277.61 million in daily net inflows.
This brings the total historical net inflow for IBIT to USD 63.40 billion.
The second-highest net inflow was seen in Ark Invest and 21Shares' ARKB ETF, which received USD 29.75 million in daily net inflows, with a total historical net inflow of USD 1.43 billion.
On the other hand, Fidelity's FBTC ETF saw a daily net outflow of USD 83.63 million, resulting in a total historical net inflow of USD 10.24 billion.