US Spot Bitcoin ETFs See Remarkable $91.52 Million Inflow Surge

Key Points

1. BlackRock’s IBIT led the inflows with $41.9 million, followed by Bitwise’s BITB ($26.35 million), Grayscale’s GBTC ($14.5 million), Fidelity’s FBTC ($10.06 million), and VanEck’s HODL ($4.08 million).

2. ARK Invest’s ARKB was an exception, experiencing a net outflow of $5.37 million on the same day.

3. The inflows highlight growing acceptance of Bitcoin as a legitimate asset class, with major traditional finance players like BlackRock and Fidelity contributing.

4. The surge in inflows may indicate increased price stability or upward momentum for Bitcoin.

5. While one day’s data doesn’t establish a long-term trend, the inflows offer a hopeful sign for future crypto ETF trends and broader market sentiment.