Bitcoin Spot ETF Sees $917 Million Net Inflow: Insights from Leading Firms

The latest report from COINOTAG on April 24th indicates a significant **net inflow** of **$917 million** into the US Bitcoin spot ETFs, signaling renewed investor interest. The notable contributions include **BlackRock’s IBIT**, which attracted **$643 million**, underscoring its dominant position in the market. Additionally, **Fidelity’s FBTC** took in **$124 million**, reflecting the growing trust among institutional investors towards Bitcoin. Other noteworthy inflows were observed with **ARK’s ARKB**, gaining **$129 million**, while **Grayscale’s Bitcoin Mini (BTC)** recorded an inflow of **$29.8 million**. Despite these positive figures, **Bitwise’s BITB** experienced a minor outflow of **$15.2 million**, and **VanEck’s HODL** attracted a modest **$5.3 million**. This diverse activity highlights the evolving landscape of Bitcoin investment strategies and the increasing appetite for cryptocurrency exposure among institutional players.

Source: https://en.coinotag.com/breakingnews/bitcoin-spot-etf-sees-917-million-net-inflow-insights-from-leading-firms/