Markets· ★★★· neutral·

BlackRock's IBIT Pulls $565.7M, Turns Bitcoin ETF Flows Positive

  • —IBIT drew $665.2 million on Monday, $235 million on Wednesday and $29.9 million on Tuesday
  • —FBTC shed $116.6 million and ARKB $99.6 million over the five sessions
  • —Thursday saw $635.6 million leave the market, including $109.4 million from ARKB
  • —Friday is incomplete: VanEck's HODL was unreported, so weekly totals may change
Why it matters: The inflow rests on a single fund: without IBIT the week would have been negative, pointing to narrow demand for bitcoin ETFs.
#BTC
Source: Coindoo
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