BlackRock’s iShares Bitcoin Trust dominated the Bitcoin segment, securing $1.16 billion of the total inflow. Fidelity’s FBTC followed with $701.6 million, while ARK 21Shares’ ARKB and Morgan Stanley’s MSBT added $294.7 million and $203.3 million respectively. Monday proved to be the week’s high-water mark, accounting for nearly $1 billion of the total Bitcoin volume before daily inflows gradually tapered through Friday.
In section Cryptocurrency
Crypto ETFs Attract $3.2 Billion in Broad Capital Inflow
A surge of $2.39 billion into U.S. spot Bitcoin exchange-traded funds powered a massive week for crypto investment products, as investors poured a combined $3.26 billion into Bitcoin, Ether, and Solana vehicles between September 21 and September 25, according to data from Farside Investors.
Ether funds successfully snapped a previous losing streak, recording $689.8 million in net inflows to reverse a $140.6 million outflow from the week prior. BlackRock’s ETHA led the recovery with $326.2 million, bolstered by $174.1 million for Fidelity’s FETH. Meanwhile, Solana products saw $188.1 million in new capital, highlighted by a strong $86.7 million finish on Friday, driven largely by Bitwise’s BSOL fund.
Comments (0)
No comments yet. Be the first!