$602,000,000 in 24 Hours: Bitcoin ETFs Receive Massive Boost

Key Points

1. Fidelity's FBTC ETF led the inflows with $237 million, followed by Ark's ARKB ETF with $114 million and Bitwise's BITB with $15.53 million.

2. Grayscale's Bitcoin Trust (GBTC) stabilized with a small inflow of $5.84 million, while its Ethereum Trust (ETHE) saw outflows of $5.35 million.

3. Ethereum ETFs collectively brought in a net inflow of $149 million.

4. Bitcoin ETF net assets reached a record $137 billion, accounting for roughly 63.3% of Bitcoin's total market capitalization.

5. Bitcoin's price push toward $110,000 coincided with the spike in ETF inflows, indicating potential for further bullish momentum.