Spot-Bitcoin ETFs Draw $337.6 Million in Sixth Straight Day of Inflows
US spot-Bitcoin exchange-traded funds (ETFs) have seen significant net inflows, attracting over $337.6 million in a single day. This marks the sixth consecutive trading session of net inflows for US spot-Bitcoin ETFs.
The largest contributors to this influx were BlackRock's IBIT and Fidelity's FBTC, which together accounted for approximately 93% of the total net inflows. The two funds drew in $208.9 million and $104.6 million respectively.
Other notable participants included Grayscale Bitcoin Mini Trust with $16.4 million, VanEck's HODL with $3.3 million, Bitwise's BITB with $3 million, and MSBT with $1.4 million. The remaining products saw no inflows or outflows.
The recent surge in net inflows for US spot-Bitcoin ETFs comes as Bitcoin experiences sharp price gains. This trend may indicate that fresh money is being concentrated in the largest funds, such as IBIT and FBTC.