#TariffsPause Bitcoin ETFs experienced inflows of $3 billion this week
The recovery of BTC's price continues this week, with billions of dollars boosting the market capitalization of the currency. Among the catalysts for this partial recovery are the spot Bitcoin ETFs in the United States stock market.
According to data from the Farside Investors portal, approximately $3,059.9 million in capital flowed into these exchange-traded products during this week. This marks one of the best weeks for these exchange funds since they began trading in early 2024. Meanwhile, the price of BTC remains strong above $94K per token.
As expected, BlackRock's ETF, IBIT, became the main force behind this resurgence in appetite for these products. This individual product accounted for nearly 50% of the BTC ETF sector's revenue, with $1,445.7 million directed toward its portfolios. This represents a strong dominance of this fund over its competitors.