Mmastodon BusinessCrypto first seen 3 d ago, last 3 d ago, peak #2

Bitcoin ETFs See $526.7M Inflow Day Led by BlackRock

Original: Bitcoin ETFs' $526.7M Day: Why One BlackRock Fund Did All the Buying US spot Bitcoin ETFs logged their best day since Se

US spot Bitcoin ETFs recorded $526.7 million in net inflows, their strongest day since September 22. BlackRock's iShares Bitcoin Trust drove the buying with $665.2 million in inflows, masking concurrent outflows from Fidelity's and Grayscale's funds. Commentators note the recovery was concentrated in a single product rather than broad-based demand across the market.

Why now: The largest single-day ETF inflow in weeks, driven almost entirely by one fund, is prompting debate about the health of institutional Bitcoin demand.

BlackRockiShares Bitcoin Trust (IBIT)FidelityGrayscaleUS spot Bitcoin ETFs

Open on mastodon →

Rank over time, top of the chart is #1. 3 snapshots from 3 d ago to 3 d ago.

Evidence

• Bitcoin ETFs' $526.7M Day: Why One BlackRock Fund Did All the Buying US spot Bitcoin ETFs logged their best day since September 22, but IBIT's $665.2 million inflow masked outflows at Fidelity and Grayscale. Here's what the flow data actually says. https://… · btcmedianews

API: https://socialmediatrends-api.osmike.com/v1/trends/3160079