US Spot Bitcoin ETFs Daily Inflows Hit $79M

On Thursday, the United States witnessed a net daily inflow of $78.93 million in spot bitcoin exchange-traded funds (ETFs), continuing a positive trend for the fifth consecutive day.

According to data from SoSoValue, BlackRock’s IBIT, the largest spot bitcoin ETF by net asset value, saw the biggest inflow with $72.09 million. The fund also had the highest trading volume on Wednesday with $725.61 million.

Fidelity’s FBTC received $32.69 million in inflows. Other spot bitcoin funds also saw inflows, with Bitwise receiving $7.53 million, Ark Invest and 21Shares’ ETF receiving $4.31 million.

However, these inflows were offset by net outflows from Grayscale’s GBTC, totaling $37.69 million. Six other funds, including VanEck’s HODL, reported zero flows on Wednesday.