U.S. Bitcoin ETFs recorded a strong performance on Friday, capping off an exceptional week with an additional $376.59 million in inflows. This brings the weekly total to an impressive $2.73 billion worth of Bitcoin added to these funds, reflecting heightened interest from investors.
Friday’s top performers included BlackRock’s IBIT fund, which led the way with $257.03 million in inflows, followed by Fidelity’s FBTC, attracting $120.17 million. Ark Invest’s ARKB fund also saw notable activity, pulling in $24.90 million, while Grayscale’s BTC fund added $6.75 million. The remaining funds did not report any inflows or outflows for the day.
This activity coincided with a landmark week for Bitcoin’s price. On Wednesday, Bitcoin soared past $100,000 for the first time, hitting a new all-time high of over $103,000. Since then, the price has been volatile, dipping below $93,000 before reclaiming the six-figure mark. At the time of writing, Bitcoin is trading at $99,270 according to CoinMarketCap, up 1.41% in the past 24 hours.