U.S. Bitcoin ETFs Bought $630 Million in BTC in One Day

According to Farside Investors, U.S. spot Bitcoin ETFs recorded a strong one-day buying surge, with major inflows led by BlackRock, Fidelity, and ARK Invest, signaling renewed institutional demand through regulated Bitcoin products.

BTC

Summary

U.S. spot Bitcoin ETFs posted a sharp one-day rebound in demand, with the older update reporting $630 million in Bitcoin purchases on Friday, exceeding the prior week’s total sales. BlackRock led with $284.4 million, followed by Fidelity at $213.4 million and ARK Invest at $88.5 million. A newer update from Farside Investors reported a daily total of $532.3 million, indicating a discrepancy between the two figures, though both point to strong institutional demand through regulated funds that hold Bitcoin directly.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that holds actual Bitcoin, giving investors price exposure without directly managing the cryptocurrency.
  • Inflows: Net capital entering an investment product, often used to measure investor demand and market momentum.
  • Bitcoin ETF: An exchange-traded fund that gives investors exposure to Bitcoin without requiring them to directly hold the cryptocurrency.