Bitcoin spot ETFs attracted $528 million in net inflows, with BlackRock's IBIT and Fidelity's FBTC capturing 85% of the day's total, while ether funds ended a five-day outflow streak.
Macro & Markets ·
Bitcoin spot exchange-traded funds recorded $528 million in net inflows, with BlackRock's IBIT and Fidelity's FBTC accounting for around 85% of the day's total. IBIT attracted $235 million and FBTC captured $212.7 million in inflows.
The inflow activity reflects continued institutional interest in Bitcoin-linked investment products. Separately, ether spot ETFs ended a five-day streak of outflows, suggesting a potential shift in sentiment toward ethereum assets after a period of net redemptions.
The data does not indicate the magnitude of ether inflows or the broader composition of which other spot Bitcoin ETFs participated in the day's activity beyond the two largest contributors.