UNSTOPPABLE ALKISTA FEVER!
The #ETFs de #bitcoin de U.S. breaks 10 consecutive days of inflows
#blackRock leads with $4 BILLION and the dominance is total!
U.S. Bitcoin Spot Exchange-Traded Funds (ETFs) have extended their impressive streak, recording 10 consecutive days of capital inflows, totaling $4.26 billion by May 28.
This steady flow of investment highlights institutional appetite for Bitcoin and the consolidation of dominance by certain players in the ETF market.
On Wednesday, May 28, the ETFs generated $432.7 million in net inflows.
BlackRock's IBIT was the main highlight, attracting $481 million on May 28 alone. Over the 10-day streak, IBIT accounted for an astounding 96% of net inflows, with $4.09 billion.
While IBIT shone, other funds like Ark Invest's ARKB and Fidelity's FBTC recorded net outflows of $34.3 million and $14 million, respectively, and the rest of the ETFs had no flows.