Thursday turned out to be another strong day for Bitcoin ETFs, with inflows reaching $597.57 million. This continued momentum keeps optimism high that the week could end with inflows surpassing $2 billion. If the trend holds, we might even exceed the record of $2.3 billion set a week ago.
Six funds saw positive inflows, while one recorded outflows. BlackRock’s IBIT fund led the charge, adding $431.60 million worth of Bitcoin. Grayscale’s BTC followed with $110.76 million, and Bitwise’s BITB fund brought in $61.45 million. Fidelity contributed $30.54 million, while ARK’s ARKB and WisdomTree’s BTCW added $8.97 million and $2.65 million, respectively.
Grayscale’s GBTC fund was the only one to record outflows for the day. Meanwhile, VanEck’s HODL, Valkyrie’s BRR, and Franklin & Templeton’s EZBC funds remained static, recording no inflows or outflows.
At the time of writing, Bitcoin is trading at $100,100, according to CoinMarketCap.