Spot bitcoin ETFs drew $6.21 million for the week, led by IBIT with $121 million
- —Weekly inflows into U.S. spot bitcoin ETFs were $6.21 million
- —BlackRock's IBIT attracted $121 million, for a historical total of $64.12 billion
- —Ark & 21Shares' ARKB lost $142 million for the week
- —ETF assets stand at $102.53 billion, or 6.29% of BTC's market cap
Why it matters: Weak weekly inflows alongside IBIT's dominance show institutional demand shifting to the largest fund while smaller ETFs lose ground.
Source: PANews