Bitcoin exchange-traded funds (ETFs) have recorded $8 billion in inflows over eight consecutive trading days, signaling robust institutional confidence in Bitcoin as a mainstream asset class. BlackRock’s iShares Bitcoin Trust (IBIT) spearheaded this movement with daily inflows averaging $278.9 million, elevating its cumulative net inflows to $50.95 billion.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) secured $104.4 million in recent inflows, bringing its cumulative net inflows to $11.5 billion. The fund now manages $20.49 billion in total assets. Bitwise’s BITB and Hashdex Bitcoin ETF (DEFI) also registered modest inflows during this period.
Contrasting this trend, Grayscale Bitcoin Trust (GBTC) continued experiencing outflows, totaling $23.24 billion to date. The sustained ETF inflows highlight a maturing market where institutional investors prioritize transparency and regulatory compliance.
Market analysts note these developments reflect accelerating institutional adoption of cryptocurrency. Investors are advised to monitor fund performance and market conditions to optimize Bitcoin exposure through ETFs, considering competitive dynamics and fund structures.