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Bitcoin ETFs see net inflows of $508.9 million…BlackRock and Grayscale lead the surge

Source
YM Lee

Summary

  • U.S. spot Bitcoin ETFs were reported to have logged $508.9 million in net inflows in a single day.
  • Flows were concentrated in large ETFs, including $296.75 million into BlackRock’s IBIT and $102.49 million into Grayscale’s GBTC.
  • In particular, IBIT and GBTC accounted for most of the total net inflows, helping drive institutional demand.

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Photo=Trader T
Photo=Trader T

U.S. spot Bitcoin ETFs recorded net inflows of $508.9 million in a single day.

According to data compiled by Trader T, total net inflows into Bitcoin ETFs as of the 25th (local time) came to $508.9 million. It signals a renewed return of institutional money amid recent volatility.

BlackRock’s IBIT posted the largest inflow at $296.75 million. It was followed by Grayscale’s GBTC with $102.49 million, Fidelity’s FBTC with $30.09 million, and Bitwise’s BITB with $39.37 million in net inflows.

VanEck’s HODL took in $15.61 million, and Grayscale Mini BTC attracted $19.29 million. By contrast, Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR and WisdomTree’s BTCW saw no net inflows.

The inflows were concentrated in large ETFs. In particular, IBIT and GBTC accounted for most of the total net inflows, underpinning institutional demand.

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YM Lee

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