US Spot Bitcoin ETFs Draw $82.9 Million in Net Inflows This Week
The U.S. spot Bitcoin ETFs have seen significant net inflows this week, totaling $82.9 million. The data, reported by Huo Xing Finance through Farside Investors, breaks down the inflows for each ETF. BlackRock's IBIT saw a net inflow of $292 million, while 21Shares' ARKB saw $25.5 million in net inflows. Grayscale's Bitcoin Mini Trust, known as BTC, saw $24.9 million in net inflows. However, Fidelity's FBTC and Grayscale's GBTC experienced net outflows of $167.9 million and $54.6 million, respectively. It's worth noting that these figures represent the total net inflow for the week, not the daily average or cumulative total.