BlackRock Leads $82.9M Bitcoin ETF Inflows Amid Shift in Market Trend
US spot Bitcoin exchange-traded funds (ETFs) saw a surge in net inflows this week, with a total of $82.9 million pouring in. The trend was led by BlackRock's IBIT, which took in $292 million in inflows.
This is a significant shift from the previous week, where Fidelity's FBTC and Grayscale's GBTC posted net outflows of $167.9 million and $54.6 million, respectively.
Ark Invest and 21Shares' ARKB recorded net inflows of $25.5 million, while Grayscale Bitcoin Mini Trust BTC added $24.9 million to the total.