BlackRock crypto ETFs pull in $504 million in a single day
- —IBIT drew $381.4 million, about 38% of all U.S. spot Bitcoin ETF inflows
- —ETHA and ETHB raised $122.9 million, 45.5% of Ethereum ETF inflows
- —Combined U.S. spot BTC and ETH ETF inflows reached roughly $1.27 billion
- —Inflows ran for a third straight session as Bitcoin topped $86,000
Why it matters: A third consecutive day of inflows points to returning institutional demand, though spot Bitcoin ETFs remain down about $450 million year-to-date.
Source: Finbold