Live updates: Bitcoin ETFs take $731 million, their biggest day since January
Bitcoin ETFs saw a significant surge in inflows, totaling $731 million in a single day, led by BlackRock's IBIT. This rebound follows a period of volatility and marks the largest daily inflow since January 2024.
Why it matters
The data indicates a potential return of sustained institutional interest in cryptocurrency markets, which influences broader financial market sentiment.
BlackRock's IBIT drew roughly $454 million of it, with Ark and 21Shares' ARKB taking $138 million and Fidelity's FBTC $74 million. Grayscale's two products added a combined $57 million. VanEck's HODL and WisdomTree's BTCW were the only funds to shed money, at $20 million and $5 million.
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