Markets· ★★★· bullish·

US spot Bitcoin ETFs swing back to $118.8M net inflow in a day

  • —US spot Bitcoin ETFs drew $118.8 million in daily net inflows
  • —BlackRock's IBIT pulled in $122 million, Morgan Stanley's MSBT added $7.8 million
  • —Grayscale Bitcoin Mini Trust saw $11 million in net outflows
  • —Month-to-date inflows hit $321.4 million, year-to-date $1.25 billion
Why it matters: The flip back to inflows after a day of outflows signals renewed institutional demand for Bitcoin via ETFs.
Source: Bloomingbit