"Bitcoin spot ETFs led with $823.7 million in net inflows, marking another strong week of institutional demand. The flows were not evenly distributed."
"Blackrock's IBIT dominated once again, pulling in $732.6 million and accounting for the bulk of the weekly total. Its role as the primary gateway for institutional capital remains clear."
"The overall trend indicates sustained institutional demand for crypto ETFs, although the inflows were uneven across different funds. Grayscale's GBTC saw $59 million in net outflows."
Bitcoin ETFs experienced significant inflows of $824 million, with Blackrock's IBIT contributing $732 million. Ether ETFs also saw $155 million in inflows despite a mid-week interruption. XRP and solana ETFs recorded gains of $16 million and $9.4 million, respectively. The overall trend indicates sustained institutional demand for crypto ETFs, although the inflows were uneven across different funds. Grayscale's GBTC and Bitwise's BITB faced outflows, highlighting a mixed performance in the market.
Read at news.bitcoin.com
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