US Bitcoin ETFs Saw Second Best Inflows Day at $887 Million
United States-based spot Bitcoin ETFs saw their second-best day for joint net inflows with $886.6 million, led by the Fidelity Wise Origin Bitcoin Fund (FBTC) with $378.7 million, BlackRock’s iShares Bitcoin Trust (IBIT) with $274.4 million, and the ARK 21Shares Bitcoin ETF (ARKB) with $138.7 million. This influx is the highest since March 12, when net inflows hit a record $1.04 billion.
Two days after the previous record Bitcoin reached an all-time of $73,750. Additionally, the Grayscale Bitcoin Trust (GBTC) saw a rare inflow of $28.2 million, despite significant past outflows due to high management fees and narrowed discounts. ETF Store president Nate Geraci highlighted the unexpectedly strong demand for Bitcoin ETFs, countering critics who doubted their appeal.
