Overview
- U.S.-listed spot Bitcoin exchange-traded funds took in about $471 million, the strongest one-day total since Feb. 25, according to SoSoValue.
- BlackRock’s IBIT led with roughly $181.9 million, followed by Fidelity’s FBTC at about $147.3 million and ARK’s ARKB at about $118.8 million, together accounting for nearly 95% of the flows.
- The rebound lifted cumulative net inflows to about $56.43 billion and raised total assets under management back above $90 billion.
- Spot Ether ETFs also drew about $120.24 million in new money, offsetting recent outflows and marking their biggest day since March 17.
- On-chain data pointed to softer spot demand and distribution by larger holders, while Bitcoin’s price whipsawed near $68,000 to $70,000 during the session.