Markets· ★★★★· bullish·

Spot Bitcoin ETFs drew $527M in a day, almost all into BlackRock's IBIT

  • —IBIT took in $665M, lifting its all-time inflows to $66.23B
  • —Fidelity's FBTC lost $83.6M, with $10.37B in cumulative inflows
  • —Total ETF net assets stand at $105.46B, or 6.4% of BTC market cap
  • —Cumulative net inflows since launch reached $57.4B
Why it matters: The return of inflows after a week of outflows could help bitcoin hold near $82,000.
Source: PANews