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Crypto

Blackrock Powers Record $305M Crypto ETF Inflows

Guavy AI Editorial Team
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BTC XRP
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Blackrock's dominance in the crypto market continues to grow as it led another strong session for Bitcoin ETFs. On Wednesday, U.S. spot Bitcoin ETFs attracted $244.42 million, extending their inflow streak to three sessions.

Combined with Ether funds, which added $60.86 million, the total inflows reached a staggering $305 million. Blackrock's IBIT accounted for most of the Bitcoin ETF inflows with a $196.83 million addition, followed by ARK 21Shares' ARKB with $37.63 million.

Interestingly, HYPE ETFs ended their prolonged run of withdrawals with a modest gain of $966,690 in Bitwise's BHYP. However, XRP ETFs saw a withdrawal of $3.58 million in Bitwise's XRP fund.

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