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Inflows into US Spot Bitcoin ETFs Reach $192M

Inflows into US Spot Bitcoin ETFs Reach $192M

On Thursday, there were positive flows of $192.56 million from spot Bitcoin exchange-traded funds in the US.

According to data from SoSoValue, BlackRock’s IBIT had the highest inflow of $157.6 million, while WisdomTree’s BTCW had a surprising increase with $118.52 million – its largest inflow yet, which was more than 10 times higher than its previous record on Wednesday.

Fidelity’s FBTC and Ark Invest and 21Shares’ ARKB also had significant inflows of $65.25 million and $32.79 million respectively, while VanEck’s HODL saw $3.38 million.

However, Grayscale’s GBTC fund had a net outflow of $182.94 million, and Hashdex’s spot Bitcoin fund also saw a decrease of $2.03 million.