PiCK
US spot Bitcoin ETFs see $115.42 million net inflow…funds concentrate in BlackRock’s IBIT
Summary
- The US spot Bitcoin ETF market saw about $115.42 million in net inflows over a single day.
- Inflows were concentrated in BlackRock’s IBIT, which took in $115.51 million, driving the overall net inflow.
- Some ETFs showed differentiated flows, including $15.97 million in net outflows from GBTC, while institutional money was seen gravitating toward specific ETFs.
Forecast Trend Report by Period
US spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net inflows of about $115.42 million over a single day.
According to ETF data analyst Trader T on the 11th (local time), total net inflows into spot Bitcoin ETFs came to $115.42 million on the day.
Inflows were concentrated in BlackRock’s iShares Bitcoin Trust (IBIT). IBIT took in $115.51 million, effectively driving the overall net inflow.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) also posted net inflows of $15.37 million. Grayscale Bitcoin Mini Trust (BTC) likewise attracted $5.00 million.
By contrast, some ETFs saw outflows. Grayscale Bitcoin Trust (GBTC) recorded net outflows of $15.97 million, and VanEck’s HODL ETF also lost $4.49 million.
Other ETFs—including Bitwise (BITB), ARK (ARKB), Invesco (BTCO), Franklin (EZBC), Valkyrie (BRRR) and WisdomTree (BTCW)—saw no fund flows.
The market is increasingly viewing the recent pattern as institutional money funneling into select ETFs, even as Bitcoin prices continue to fluctuate around the $70,000 level.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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