📈 $BTC ETFs Staying Strong — Even With Fidelity’s Outflow
Bitcoin spot ETFs are still pulling in fresh money. Yesterday we saw a net inflow of $21.12M, even though Fidelity’s FBTC booked a $33.3M outflow.
Meanwhile, BlackRock’s IBIT completely dominated, adding $42.82M in new inflows and pushing its lifetime total to a massive $62.68B.
ARK & 21Shares’ ARKB also added $5.97M, taking its cumulative inflows to $1.74B.
Overall BTC ETF holdings now stand at $117.66B, which is 6.56% of Bitcoin’s entire market cap — showing that institutional demand is still rock solid.
$BNB 🚀
BTC
89,749.26
-2.85%
BNB
865.46
-2.69%
XRP
1.997
-4.01%