“Bullish Sentiment Drives $365M into Bitcoin ETFs in a Single Day”

$365M into Bitcoin ETFs on Thursday

On Thursday, Bitcoin surged to its highest level since early August, surpassing $65,500. This bullish momentum was mirrored by the U.S. Bitcoin ETFs, which brought in an impressive $365.57 million in inflows, as per SoSo Value. This follows Wednesday’s solid performance, where the funds raised $105.84 million. So far, these ETFs have comfortably surpassed half a billion dollars in inflows this week, with one trading day still to go.

Out of the 11 Bitcoin ETFs, 9 saw inflows, while Grayscale’s GBTC fund was the only one to record outflows, losing $7.73 million. WisdomTree’s BTCW had no movement, with neither inflows nor outflows for the day. Here’s a breakdown of all Thursday’s inflows:

  • Ark Invest (ARKB): $113.82 million
  • BlackRock (IBIT): $93.38 million
  • Fidelity (FBTC): $74.00 million
  • Bitwise (BITB): $50.38 million
  • VanEck (HODL): $22.10 million
  • Invesco (BTCO): $6.47 million
  • Franklin & Templeton (EZBC): $5.66 million
  • Valkyrie (BRRR): $4.61 million
  • Grayscale (BTC): $2.87 million

With one more trading day left this week, it’s clear the momentum is building Bitcoin as ETFs continue to see strong interest from investors.

 

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