US Bitcoin Spot ETF Sees Massive Net Inflow of $2.167 Billion, Led by BlackRock and Fidelity

This week, the US Bitcoin spot ETF market demonstrated significant movement, with a net inflow of US$2.167 billion, as reported by Farside Investors. Among the key players, BlackRock IBIT led the charge with an impressive influx of US$1.514 billion, reflecting strong institutional interest. Meanwhile, Fidelity FBTC attracted US$598 million, reinforcing its position in the growing cryptocurrency landscape.

Bitwise BITB and ARK ARKB also contributed positively, with inflows of US$67.8 million and US$61.6 million, respectively. Conversely, Grayscale GBTC faced challenges, recording a net outflow of US$221 million, while its Grayscale Mini BTC product managed a modest gain of US$144 million. This recent activity indicates a shifting dynamic in the Bitcoin investment space, as investor sentiment continues to evolve in response to market trends.

Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-sees-massive-net-inflow-of-2-167-billion-led-by-blackrock-and-fidelity/