US Spot Bitcoin ETFs See Two Consecutive $1B+ Inflow Days for First Time

Key Points

1. US spot Bitcoin ETFs saw combined inflows of $1.03 billion on Friday, following $1.17 billion the previous day, marking the first instance of two consecutive $1B+ inflow days.

2. BlackRock’s IBIT dominated Friday’s inflows with $953 million, helping its AUM surpass $80 billion, making it the fastest ETF to reach this milestone in 374 days.

3. Bitcoin’s price surged to new all-time highs, reaching $112,000 on Wednesday and $118,780 on Friday, contributing to the strong ETF inflows.

4. Total assets across all spot Bitcoin ETFs crossed $140 billion for the first time, largely driven by the recent price rally.

5. Institutional Bitcoin demand is expanding beyond ETFs, with companies like Japan’s Metaplanet purchasing $237 million worth of BTC, becoming the fifth-largest corporate holder.