Loading Search...
U.S. spot bitcoin ETFs attracted $310.21 million on Friday, led by Blackrock’s IBIT and Fidelity’s FBTC, pushing total net inflows near $16 billion.
Author: Tanishq Bodh
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.
On Friday, U.S. spot bitcoin ETFs experienced a strong trading day with a total volume of $1.15 billion. According to sosovalue.xyz metrics, the funds collectively secured $310.21 million, with two ETFs capturing the majority of the inflows.
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. 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. Read about the Bitcoin The ETF Rebound Here.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
