Bitcoin Spot ETF Attracts $787 Million in Net Inflows This Week

Bitcoin Spot ETFs Continue to Attract Strong Inflows

Recent data shows that bitcoin spot ETFs brought in a total net inflow of $787 million this week, highlighting growing investor interest in this asset class.

BlackRock ETF Leads the Way

BlackRock’s IBIT led with $503 million in weekly net inflows. To date, IBIT has attracted over $61.8 billion in total net inflows, cementing its position as one of the most popular bitcoin ETFs.

Grayscale Bitcoin Trust Follows Closely

Grayscale’s Bitcoin Trust (GBTC) came next with $89.4 million in net inflows this week. Despite past outflows, GBTC remains a strong contender in the market.

Overall Bitcoin ETF Market Shows Positive Momentum

As of the latest figures, the total net asset value of bitcoin spot ETFs has reached $83.4 billion, representing 6.36% of the market. Since their launch, these products have recorded cumulative net inflows exceeding $54.8 billion, indicating strong growth potential.