Bitcoin ETFs draw $307.45 million as assets near $100 billion

Bitcoin ETFs attracted $307.45 million across seven funds on Friday, with no outflows, lifting combined net assets by roughly $6 billion from Thursday to $96.07 billion. BlackRock's IBIT led with $239.28 million, about 77% of the daily total, followed by Fidelity's FBTC with $30.19 million and Grayscale's Bitcoin Mini Trust with $13.62 million. Friday completed a five-session inflow run worth about $1.92 billion and brought the category close to the $100 billion threshold. Ether ETFs recorded $184.93 million in net inflows, extending their five-day haul to $697.18 million, while XRP ETFs took in $18.38 million and Solana funds attracted $10.07 million. HYPE ETFs reported no net flows. The broad demand left every bitcoin and ether ETF reporting a flow without a redemption, marking the strongest level of institutional crypto demand in months.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Bitcoin ETFs draw $307.45 million as assets near $100 billion - CoinPost Terminal