"Bitcoin spot ETFs led the charge, recording $996.38 million in net inflows and marking a third consecutive week of gains. The headline number, however, masked a volatile start."
"From Tuesday onward, flows turned decisively positive, culminating in a $663.91 million surge on Friday that pushed total net assets back above $100 billion."
"Blackrock's IBIT dominated the week, attracting $906.1 million and acting as the primary engine of demand. Ark & 21Shares' ARKB rebounded strongly to finish with $98.5 million in inflows."
"Morgan Stanley's MSBT emerged as a notable new force. The fund extended its inflow streak to contribute to the overall positive momentum in the crypto ETF market."
Between April 13 and 17, Bitcoin ETFs attracted $996.38 million in inflows, primarily driven by Blackrock's IBIT. Ether ETFs also saw $275.83 million in inflows, indicating strong demand. XRP and Solana gained $55.39 million and $35.17 million, respectively. The week began with a $291 million outflow but shifted positively, culminating in a $663.91 million surge on Friday. Overall, crypto ETFs experienced one of their strongest performances recently, with total net assets surpassing $100 billion.
Read at news.bitcoin.com
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