U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 million, respectively.
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark
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Blackrock’s IBIT and Fidelity’s FBTC Dominate Friday’s Bitcoin ETF Inflows
On Friday, the U.S. spot bitcoin ETFs experienced a strong trading day with a total volume of $1.15 billion. The funds collectively secured $310.21 million, with two ETFs capturing the majority of the inflows, according to sosovalue.xyz metrics.
Blackrock’s IBIT secured $120.03 million on Friday, bringing its BTC reserves to 314,204.30 BTC. Fidelity’s FBTC was the second largest recipient, garnering $115.14 million, sosovalue.xyz and coinglass.com stats indicate.
According to the company’s website, FBTC now holds 175,005.19 BTC. Bitwise’s BITB obtained $28.42 million, while Grayscale’s GBTC received $23.01 million. ARKB saw $13.02 million, Vaneck’s HODL recorded $6.56 million, and BTCO gained $4.03 million during Friday’s trading sessions.
BRRR, EZBC, BTCW, and DEFI experienced neither gains nor losses. With six consecutive days of inflows, the cumulative total net inflow is approaching $16 billion, currently at $15.81 billion. The 11 ETFs hold a combined value of $51.34 billion, representing 4.52% of the total BTC market cap.
What do you think about the inflows recorded during Friday’s trading sessions? Share your thoughts and opinions about this subject in the comments section below.
