Key Takeaways
- Weekly net inflows into U.S. spot bitcoin ETFs reached a record $2.57 billion.
- Trading volume for spot bitcoin ETFs hit a record $35.1 billion last week.
- BlackRock's IBIT ETF dominates the market, nearing a 50% market share by trading volume.
Weekly net inflows into U.S. spot bitcoin ETFs reached a new high of $2.57 billion last week.
BlackRock’s IBIT led with $2.48 billion in inflows, followed by Fidelity’s FBTC and VanEck’s HODL.
Despite the overall growth, Grayscale’s GBTC and Invesco’s BTCO experienced outflows.
Record trading volume for spot ETFs
The trading volume for spot bitcoin ETFs also hit a record $35.1 billion.
BlackRock’s IBIT ETF was the top performer, followed by Grayscale’s GBTC and Fidelity’s FBTC.
Blackrock’s IBIT leads
BlackRock’s spot bitcoin ETF is nearing a 50% market share by trading volume.
Grayscale’s GBTC has seen its market share decline. Cumulative trading volume for all spot bitcoin ETFs now stands at $141.7 billion.
