On Thursday, Bitcoin ETFs in the U.S. had an excellent day, with inflows across several funds. After days of consecutive outflows, BlackRock’s IBIT fund led the charge, adding a record of $1.12 billion worth of Bitcoin in a single day. This substantial addition pushed the total inflows for the 11 U.S. Bitcoin ETFs to $1.38 billion for the day, marking a significant moment in the market.
Joining BlackRock in recording inflows were seven other funds, each contributing to the total surge. Fidelity’s FBTC fund saw an inflow of $190.92 million, while Grayscale’s BTC fund added $20.38 million. Ark Invest’s ARKB brought in $17.61 million, followed by Bitwise’s BITB with $13.36 million. Grayscale’s GBTC, a well-known player in the Bitcoin ETF space, added $7.31 million. VanEck’s HODL fund contributed $4.34 million, and Valkyrie’s BRRR fund closed the list with $2.17 million.
Notably, three funds did not record any inflows or outflows for the day: Invesco’s BTCO, Franklin & Templeton’s EZBC, and WisdomTree’s BTCW, remaining stable amid the day’s broader inflow trend.
As this massive inflow took place, Bitcoin continued to hold strong at high levels, trading at $76,000. Earlier in the day, the cryptocurrency hit a new all-time high of $76,850, according to CoinMarketCap data, adding to the excitement in the market.