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Bitcoin ETFs Top $1 Billion in 3 Days as Eight Funds Draw Inflows

Bitcoin ETFs Top $1 Billion in 3 Days as Eight Funds Draw Inflows
Photo: Bitcoin.com News

BTC when published $81,938Now $80,595 ▼ −1.64% since it was published

U.S. bitcoin ETFs attracted $528.40 million on Wednesday, taking their three-day inflow streak above $1 billion as institutional demand broadened across eight funds. Monday’s $526.60 million surge had been overwhelmingly driven by Blackrock’s IBIT. Two sessions later, buying spread across nearly the entire market. Bitcoin ETFs attracted another $528.40 million, lifting inflows since Monday to roughly $1.08 billion. Blackrock’s IBIT led with $234.99 million, while Fidelity’s FBTC added $212.71 million. Together, the two funds accounted for about 84% of the session’s total. Yet six other products also finished positive. Grayscale’s GBTC brought in $32.59 million, Bitwise’s BITB added $19.23 million and Ark & 21Shares’ ARKB attracted $9.79 million. Grayscale’s Bitcoin Mini Trust, Franklin’s EZBC and Valkyrie’s BRRR completed the broad advance.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin.com News (opens in a new tab)

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