The US Bitcoin spot Exchange-Traded Fund (ETF) market recorded significant net inflows totalling $130.8 million yesterday. BlackRock’s iShares Bitcoin Trust (IBIT) dominated, attracting the largest portion at $92.8 million.
Other funds contributing positively included Bitwise Bitcoin ETF (BITB) with $21 million, Fidelity Wise Origin Bitcoin Fund (FBTC) adding $10.2 million, ARK 21Shares Bitcoin ETF (ARKB) securing $30.3 million, and VanEck Bitcoin Trust (HODL) achieving $18.2 million. Grayscale’s Bitcoin Mini Trust, a recently launched spinoff, also saw an inflow of $8.8 million.
In contrast, Grayscale’s flagship Bitcoin Trust (GBTC) experienced a net outflow of $50.5 million, continuing a trend of capital movement observed since its conversion to a spot ETF earlier this year. This outflow partially offset the positive inflows seen by other funds on the same day.