Crypto
US Spot Bitcoin ETFs Attract $3.8 Billion in Three-Week Streak
The US spot Bitcoin ETFs have seen significant inflows over the past three weeks, totaling $3.8 billion. This week alone, they attracted $986.9 million in net inflows, with Thursday being the main event, bringing in $731 million.
This influx has narrowed the year-to-date deficit from negative $1 billion to a still-negative figure, but it's a significant improvement. The funds have accumulated $55.6 billion in cumulative net inflows since their launch in January 2024.
The total assets under management across all US spot Bitcoin ETFs stand at $101.3 billion, with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund being two of the largest contributors to this week's inflows.