Bitcoin ETFs reverse 5-day outflows with $75M BTC purchase
Crypto Briefing
US Bitcoin ETFs recorded $75 million in net inflows, ending a five-day outflow streak driven primarily by BlackRock's IBIT.Summary
US Bitcoin ETFs experienced $75 million in net inflows, successfully breaking a five-day streak of outflows as institutional investors resumed purchasing Bitcoin. The positive flow was largely concentrated in BlackRock's iShares Bitcoin Trust (IBIT) and Grayscale’s mini ETF. Conversely, other major issuers like VanEck and Fidelity's Wise Origin Bitcoin Fund registered net outflows, indicating varied sentiment among providers during this market shift. BlackRock continues to be a dominant force in driving institutional adoption through its ETF.
(Source：Crypto Briefing)