U.S. Spot Bitcoin ETFs Pull In More Than $600 Million in One Day; BlackRock’s IBIT Draws $284 Million
U.S. spot Bitcoin exchange-traded funds (ETFs) posted more than $600 million in net inflows in a single day, underscoring continued institutional appetite for crypto exposure through regulated products, FinanceFeeds reported.
BlackRock's iShares Bitcoin Trust (IBIT) led the group, attracting about $284 million in net inflows in one day and remaining a key vehicle for institutional Bitcoin allocations. Fidelity's Wise Origin Bitcoin Fund also recorded sizable inflows, helping lift total demand above the $600 million mark.
Most of the buying continues to be concentrated in a handful of large issuers, highlighting how liquidity, scale and brand confidence shape institutional allocation decisions. Since launch, BlackRock and Fidelity products have consistently represented the bulk of overall ETF inflows.