Spot Bitcoin ETFs See $363M Inflow, Continuing Positive Trend
- Spot Bitcoin ETFs recorded a net inflow of $363 million on Friday, marking the twelfth consecutive day of inflows.
- Total net inflows over this streak reached approximately $6.62 billion.
- Fidelity’s Bitcoin ETF (FBTC) saw an outflow of $17.94 million, while Grayscale’s Bitcoin Trust (GBTC) lost $81.29 million.
- Grayscale’s Bitcoin ETF remained stable with no changes, managing assets worth $5.37 billion.
- Cumulative total net inflow into spot Bitcoin ETFs has now reached $54.75 billion.
- Total net assets under management for these ETFs stand at $152.40 billion, representing about 6.51% of Bitcoin’s market capitalization.
The recent surge in Bitcoin ETF investments reflects strong institutional interest and confidence in the market’s potential growth.
On Friday alone, spot Bitcoin ETFs attracted a significant inflow of $363 million, contributing to a remarkable total of $6.62 billion over the past twelve days.
