Bitcoin ETFs Add $423M in 3 Days as Blackrock Leads

Bitcoin ETFs attracted $137.33 million on Wednesday, extending their inflow streak to three sessions and lifting week-to-date additions above $423 million. Three sessions into the week, bitcoin has established a clear lead in the institutional flow race. U.S. spot bitcoin exchange-traded funds (ETFs) added $137.33 million on Wednesday. Blackrock’s IBIT supplied almost the entire amount with $136.01 million, while Bitwise’s BITB contributed $1.32 million. Trading value eased to $1.26 billion, the lowest of the week so far, while net assets climbed to $104.88 billion. That brings bitcoin ETF inflows since Monday to roughly $423.66 million. The consistency is encouraging, but the concentration deserves equal attention. Monday’s $110.34 million inflow came entirely through IBIT. Fidelity joined the buying on Tuesday, but Wednesday’s demand again centered almost exclusively on Blackrock.

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