Overview
- U.S. spot bitcoin exchange-traded funds, which let investors buy shares tied to bitcoin in a brokerage account, have logged five straight sessions of net inflows totaling about $1.7 billion, according to CoinCentral’s summary of fund data.
- The latest daily haul came in positive at $46.3 million as BlackRock’s iShares Bitcoin Trust drew $134.6 million, outweighing outflows from Fidelity’s FBTC and several smaller products.
- That steady demand follows a whipsaw week reported by CoinShares that ended slightly positive only because a single large session to close the week erased several days of earlier withdrawals.
- Money kept favoring bitcoin funds overall as CoinShares tallied a fifth consecutive weekly net inflow at $118 million, while Ethereum products saw $81 million exit last week even as separate data show four straight days of fresh ETH inflows to start this week.
- Total assets in crypto investment products held near $155 billion and bitcoin traded around $81,000 to $82,000, underscoring how a few large U.S. funds now drive swings in flows and, by extension, market tone.