Spot Bitcoin ETFs see $75M in net inflows as BlackRock’s IBIT sheds $201M

Rival Bitcoin funds outpaced the biggest name in the room, while ether ETFs finally snapped a seven-day outflow streak US spot Bitcoin ETFs pulled in $74.6 million in net inflows on Wednesday. That would be a fairly routine headline, except the largest fund in the category was heading the other way. BlackRock’s iShares Bitcoin Trust (IBIT) recorded a net outflow of $201 million on the same day. The rest of the Bitcoin ETF field picked up the slack, and then some. Spot ether ETFs had a better day too. They added $53 million in net inflows, which ended a seven-day run of outflows for the product group. Start with the arithmetic, because it tells most of the story.

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