Markets· ★★★· neutral·

BlackRock's IBIT Pulled In $196M in a Day as Fidelity's FBTC Logged Just One Positive Day All Week

  • —IBIT took in $196 million in one day
  • —FBTC had just one positive day all week
  • —Flows diverged sharply between the two largest bitcoin ETFs
Why it matters: IBIT flows remain the key gauge of US institutional demand for bitcoin.
Source: Google News (crypto query)