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BlackRock’s Bitcoin ETF Leads Inflows as Fidelity’s Fund Faces Outflows Amid Institutional Shifts

U.S. spot Bitcoin exchange-traded funds (ETFs) continue drawing institutional capital, with BlackRock’s iShares Bitcoin Trust (IBIT) securing $46.9 million in net inflows while Fidelity’s Wise Origin Bitcoin Trust (FBTC) experienced $40.5 million in outflows on June 20.

BlackRock CEO Larry Fink’s endorsement of Bitcoin as ‘digital gold’ has reinforced institutional confidence, contributing to positive market sentiment toward cryptocurrency investment vehicles.

Cumulative assets under management across U.S. spot Bitcoin ETFs now surpass $123 billion, signaling accelerating mainstream adoption of digital assets.

Analysts interpret sustained inflows as evidence of bullish institutional positioning, suggesting recent outflows reflect tactical portfolio adjustments rather than diminished confidence in the asset class.

Despite cautious regulatory frameworks, ongoing advancements in blockchain technology and ETF structuring are expected to enhance product offerings and attract broader investor participation.

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