On Thursday, Bitcoin held its bullish momentum, surpassing $99,000 and setting its sights on the $100,000 milestone. This excitement spilled over into the U.S. Bitcoin ETFs, which collectively added a massive $1 billion in Bitcoin, reflecting growing investor confidence in the cryptocurrency.
The standout performer was BlackRock’s IBIT fund, pulling in an impressive $608.41 million. Fidelity’s FBTC fund followed with $300.95 million in inflows, marking another strong day for these heavyweights.
Several other funds also contributed to the day’s positive movement. Bitwise’s BITB fund recorded $68 million in inflows, while Ark Invest’s ARKB fund added $17.18 million. Grayscale’s BTC fund brought in $6.97 million, Franklin Templeton’s EZBC fund saw $5.7 million, and VanEck’s HODL fund added $5.56 million to their holdings.
However, not all funds ended the day in the green. Grayscale’s GBTC fund experienced outflows of $7.81 million, standing out as the only fund to lose ground.
Meanwhile, other funds, including Invesco’s BTCO, Valkyrie’s BRR, and WisdomTree’s BTCW, reported no activity, neither inflows nor outflows for the day.