Spot Bitcoin ETF Achieves Net Inflows for Fifth Straight Day
Eleven U.S. spot bitcoin ETFs posted net inflows of $78.9 million on Thursday, marking the fifth consecutive day of positive inflows. BlackRock's IBIT, the largest spot bitcoin ETF by assets under management, led the inflows, adding $72.1 million. Fidelity's FBTC saw net inflows of $32.7 million on Thursday, while Bitwise's BITB and Ark Invest's ARKB saw net inflows of $7.5 million and $4.3 million, respectively.Grayscale's higher-fee GBTC was the only ETF to see net outflows, with $37.7 million in outflows from the converted fund. Spot bitcoin ETFs have seen net inflows of $880.6 million over the past five trading days, and more than $15.5 billion since their launch in January.
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