PiCK

U.S. Bitcoin Spot ETF Records $1.1726 Billion Net Inflow in a Day…Largest in 8 Months

Doohyun Hwang

Summary

The U.S. Bitcoin spot ETF recorded a net inflow of $1,172,600,000, the largest since last November.
While major asset managers’ ETFs, such as BlackRock (IBIT) and Fidelity (FBTC), attracted concentrated inflows, some ETFs reported minor net outflows or no change.
Such large-scale fund movements indicate that investor interest in Bitcoin spot ETFs is on the rise again.

The U.S. Bitcoin spot ETF recorded the largest daily inflow since November 7 of last year. A massive influx of funds was concentrated around major asset management firms such as BlackRock and Fidelity.

According to TraderT data on the 10th (local time), U.S.-traded Bitcoin spot ETFs saw a net inflow of $1,172,600,000 on this day.

The ETF that attracted the most funds was BlackRock (IBIT), with a net inflow of $445,470,000. Fidelity (FBTC) received $324,340,000, while ARK Invest (ARKB) saw an inflow of $268,700,000. Bitwise (BITB) also attracted $77,150,000. On the other hand, Grayscale (GBTC) recorded a net outflow of $40,170,000.

VanEck (HODL) saw a slight increase with a $15,240,000 inflow, while some ETFs such as Invesco (BTCO), Franklin Templeton (EZBC), Valkyrie (BRRR), and WisdomTree (BTCW) showed no net inflow or outflow.

BTC