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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

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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

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