Bitcoin Spot ETFs See Huge Net Inflow as BlackRock Leads the Pack
Bitcoin spot ETFs have seen significant activity in recent days, according to data from SoSoValue. The total net inflow of $854 million this week is a notable development for the market.
The largest contributor to this growth is BlackRock's IBIT, which recorded a weekly net inflow of $694 million. This brings its total historical net inflow to $61.17 billion.
Fidelity's FBTC comes in second with a weekly net inflow of $116 million, bringing its total historical net inflow to $10.04 billion.