This week, Bitcoin spot exchange-traded funds (ETFs) have experienced a **substantial net inflow**, totaling **$2.75 billion**. This surge is largely attributed to several key players in the financial sector. Notably, **BlackRock’s IBIT** led the charge with an impressive inflow of **$2.432 billion**, showcasing strong institutional interest in Bitcoin. Other significant contributors include **Fidelity’s FBTC** with **$0.209 billion** and **ARK’s ARKB**, which attracted **$1.01 billion**. However, not all funds reported gains; for instance, **PIMCO’s BTCO** saw a slight decline of **$5.30 million**. Furthermore, **Grayscale’s Bitcoin Trust (GBTC)** faced outflows totaling **$89.20 million**, indicating varied investor sentiment across different products. The contribution from **Bitwise’s BITB** and **VanEck’s HODL** at **$42.30 million** and **$31.20 million**, respectively, highlights a diversified approach by investors towards Bitcoin-centric assets, primarily driven by market optimism surrounding regulatory advancements.
Source: https://en.coinotag.com/breakingnews/u-s-bitcoin-spot-etf-sees-2-75-billion-net-inflow-this-week-led-by-blackrock-and-fidelity/