PiCK
US spot Bitcoin ETF sees net inflows of $198.31 million…institutional buying continues
Summary
- Net inflows into the spot Bitcoin (BTC) ETF market continued, with institutional fund inflows remaining intact.
- Total net inflows across Bitcoin ETFs came to $198.31 million, with $168.27 million concentrated in BlackRock’s IBIT.
- Selective inflows continued into Fidelity’s FBTC, Ark’s ARKB and VanEck’s HODL, while many ETFs and Grayscale’s GBTC saw no fund flows.
Forecast Trend Report by Period
Net inflows into the spot Bitcoin (BTC) ETF market continued, underscoring sustained institutional demand.
According to data compiled by Trader T on the 17th (local time), total net inflows across Bitcoin ETFs amounted to $198.31 million.
Flows were concentrated in BlackRock’s IBIT. IBIT alone drew $168.27 million in a single day, accounting for most of the overall net inflows.
Fidelity’s FBTC took in $24.39 million, Ark’s ARKB $2.48 million, and VanEck’s HODL $3.17 million.
By contrast, major ETFs including Bitwise (BITB), Invesco (BTCO), Franklin (EZBC), Valkyrie (BRRR) and WisdomTree (BTCW) recorded no inflows or outflows.
Grayscale’s GBTC and its Mini Bitcoin ETF also saw no fund flows.
The day’s flows suggest selective allocations centered on large asset managers, indicating a strengthening tendency among institutional investors to concentrate in specific ETF products.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
![Stocks Close Higher Despite a Rebound in Oil…Micron Up 4.5% [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/eb5d383a-a255-4dc2-9060-f443903fb850.webp?w=250)
