BREAKING
321d 14h ago

Bitcoin ETF Sees $9.2 Billion Inflows This Week: Insights from BlackRock, Fidelity, and More

BTC

BTC/USDT

$70,030.75
-1.56%
24h Volume

$20,935,947,355.57

24h H/L

$72,026.09 / $69,855.73

Change: $2,170.36 (3.11%)

Long/Short
69.8%
Long: 69.8%Short: 30.3%
Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,847.32

-3.49%

Volume (24h): -

Resistance Levels
Resistance 3$72,762.87
Resistance 2$70,783.20
Resistance 1$68,918.22
Price$68,847.32
Support 1$67,440.97
Support 2$65,618.49
Support 3$62,909.86
Pivot (PP):$69,479.05
Trend:Downtrend
RSI (14):46.2

According to recent analysis by Farside Investors, the **Bitcoin spot ETF** market has experienced substantial net inflows amounting to **$9.209 billion** this past week. This surge highlights the growing institutional interest in **cryptocurrency investments**. Leading the charge, **BlackRock’s IBIT** has seen an influx of **$1.03 billion**, indicating robust investor confidence. Meanwhile, **Fidelity’s FBTC** attracted **$62.4 million**, demonstrating its appeal among conservative investors seeking exposure to Bitcoin.

Contrastingly, not all funds have fared equally; **Bitwise BITB** reported a decrease of **$26.8 million**, along with **Franklin EZBC** and **VanEck HODL**, which saw declines of **$11 million** and **$8.1 million**, respectively. Furthermore, **Grayscale’s GBTC** reflected a significant outflow of **$171.5 million**, raising questions about its ability to retain investor support amidst rising competition. This week’s performance underscores the dynamic shifts within the **crypto asset** landscape, as institutional players adjust their strategies in response to market trends.

Share News:
Don't Miss Breaking News