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Spot Bitcoin ETFs Post $65 Million in Daily Net Inflows

Spot Bitcoin ETFs Post $65 Million in Daily Net Inflows

US spot Bitcoin exchange-traded funds yesterday saw net inflows of $64.91 million, marking the sixth consecutive day of positive flows.

Among these products, BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, had the highest inflows of $75.49 million.

Fidelity’s FBTC also saw significant inflows of $9.23 million, followed by ARK’s ARKB with $7.83 million, and WisdomTree’s BTCW with $4.8 million. Grayscale’s GBTC, the second-largest spot Bitcoin ETF, had $28.36 million leave the fund, while Bitwise’s BITB recorded net outflows of $11.5 million.

The total trading volume for all 12 spot Bitcoin ETFs was $889.67 million, lower than the previous day’s volume of $1.42 billion.

In contrast, the nine spot Ethereum ETFs in the US experienced net outflows of $874,610 on Thursday, a significant decrease from the $17.97 million outflows recorded the day before.