Key Takeaways
- BlackRock’s Bitcoin ETF saw record daily inflows of $1.1 billion.
- Total inflows into U.S. spot Bitcoin ETFs during this session amounted to $1.37 billion.
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BlackRock’s iShares Bitcoin Trust (IBIT) recorded inflows of $1.1 billion during a single trading session, the largest single-day inflow among U.S. spot Bitcoin ETFs. Total inflows across all Bitcoin ETFs during the session reached $1.37 billion.
BlackRock’s ETF dominated the day’s activity with inflows of $1.12 billion, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $190.9 million during the period.
Significant ETF inflows coincided with Bitcoin’s price movement, which briefly reached $76,500 before reaching around $75,700. Reported flows may reflect activity from previous trading days due to T+1 reporting, which explains why BlackRock’s ETFs had negative flows in previous sessions while other funds saw large inflows.
Since its launch in January 2024, the US spot Bitcoin ETF has amassed billions of dollars in assets under management, with BlackRock’s IBIT emerging as the market leader.
Last month, U.S. spot Bitcoin ETFs achieved a record asset value of over $66.1 billion thanks to six consecutive days of inflows and rising Bitcoin prices.
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