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US spot Bitcoin ETFs see three days of inflows, led by BlackRock's IBIT after weeks of outflows
US spot Bitcoin ETFs experienced net inflows for three consecutive days, breaking a long streak of outflows. BlackRock's IBIT led with $37.92 million inflows, continuing its 70-day inflow streak, followed by ARK Invest and Bitwise funds. Meanwhile, Grayscale's GBTC continued to lose assets due to its higher fees and legacy structure. Since January 2024, spot Bitcoin ETFs have attracted $12.42 billion in net inflows, with assets under management reaching $55.82 billion. The upcoming Bitcoin halving event may further influence demand as institutional investors now have easier access through these ETFs.
US spot Bitcoin ETFs experienced net inflows for three consecutive days, breaking a long streak of outflows. BlackRock's IBIT led with $37.92 million inflows, continuing its 70-day inflow streak, followed by ARK Invest and Bitwise funds. Meanwhile, Grayscale's GBTC continued to lose assets due to its higher fees and legacy structure. Since January 2024, spot Bitcoin ETFs have attracted $12.42 billion in net inflows, with assets under management reaching $55.82 billion. The upcoming Bitcoin halving event may further influence demand as institutional investors now have easier access through these ETFs.
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