Key Takeaways
- Spot Bitcoin ETFs have reached $30.35 billion in inflows.
- BlackRock's IBIT led Thursday's inflows with $608.41 million.
- Bitcoin nears $100,000, trading at $99,320 after a 2% gain.
For the first time since their launch in January, U.S. spot Bitcoin exchange-traded funds (ETFs) have crossed $30 billion in cumulative net inflows.
Buoyed by Bitcoin’s ongoing rally, the funds brought in over $1 billion in a single day on Thursday—their third occurrence of such a high inflow.
Current holdings
The 12 active Bitcoin ETFs now hold a combined net asset value exceeding $100 billion.
BlackRock’s IBIT led Thursday’s surge with $608.41 million in inflows, followed by Fidelity’s FBTC with $300.95 million.
Other contributors included Bitwise’s spot Bitcoin fund ($68 million) and Ark/21Shares’ ARKB ($17 million).
Grayscale’s Mini Bitcoin Trust and funds from VanEck and Franklin Templeton also reported gains, while Grayscale’s GBTC was the only ETF with outflows, losing $7.8 million.
Trading volume
Daily trading volume for Bitcoin ETFs reached $7.1 billion, reflecting strong market momentum as Bitcoin’s price climbed 2% in the past 24 hours to $99,320.
The cryptocurrency approaches the anticipated $100,000 milestone.
