US Bitcoin Spot ETF Sees $18.4 Million Net Inflow: BlackRock’s IBIT Leads with $30.1 Million

COINOTAG News reported on January 29th that the US Bitcoin spot ETF experienced significant activity, primarily driven by investor sentiment. According to Farside Investors, there was a remarkable net inflow of $18.4 million into the Bitcoin ETFs. Notably, BlackRock’s IBIT led with a net inflow of $30.1 million, underscoring its position as a dominant player in the crypto investment arena. Conversely, ARK Invest’s ARKB experienced a net outflow of $11.7 million, indicating possible shifts in investor confidence. It is noteworthy that all other ETFs recorded a net flow of zero, highlighting a concentrated interest in select funds. This data offers valuable insight for investors monitoring trends within the Bitcoin ETF landscape, emphasizing the continuous evolution of institutional participation in cryptocurrency markets.