$BTC ETF Flows: BlackRock Dominates the Tape

Bitcoin spot ETFs recorded $287 million in net inflows last week, and BlackRock's IBIT did the heavy lifting, pulling in $214 million, or over 70% of total inflows. Fidelity's FBTC followed with $84.47 million, while Grayscale's GBTC continued to bleed, posting $38.76 million in outflows.

With total BTC ETF AUM now at $118.27 billion (6.57% of BTC's market cap), the message is clear: institutional demand is increasingly consolidating around IBIT, even as legacy products lose relevance. #BTC #CryptoETFMania

BTC

87,000.01

-2.23%