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US Bitcoin ETF sees $253.89 million in net inflows…BlackRock’s IBIT leads buying

Source
YM Lee

Summary

  • US spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded $253.89 million in net inflows on Feb. 26.
  • BlackRock’s iShares Bitcoin Trust (IBIT) drew $275.26 million in inflows, underpinning overall fund flows.
  • Some issuers, including Fidelity’s FBTC and ARK’s ARKB, saw outflows consistent with profit-taking.

Forecast Trend Report by Period

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US spot Bitcoin (BTC) exchange-traded funds (ETFs) posted total net inflows of $253.89 million on Feb. 26 (local time).

According to data compiled by Trader T on the 26th, $275.26 million flowed into BlackRock’s iShares Bitcoin Trust (IBIT), driving overall fund flows. Bitwise’s BITB recorded net inflows of $69.01 million, while Grayscale Bitcoin Mini Trust (BTC) saw $5.97 million in net inflows.

In contrast, Fidelity’s FBTC posted net outflows of $51.49 million and ARK’s ARKB saw net outflows of $44.86 million. Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, VanEck’s HODL, WisdomTree’s BTCW and Grayscale’s GBTC recorded no inflows or outflows.

While BlackRock-led buying continued, some issuers saw profit-taking-driven withdrawals alongside the broader trend.

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YM Lee

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