BlackRock IBIT absorbs $292M as Fidelity and ARK bleed funds, Bitcoin ETFs inch toward $100B

BlackRock's IBIT dominated Tuesday's crypto ETF flows with $291.86M in inflows, single-handedly offsetting combined outflows from Fidelity's FBTC ($47.35M), ARK 21Shares ($42.22M), and Bitwise's BITB ($8.54M for a third straight day). Net result was $276.52M in inflows pushing total Bitcoin ETF assets to ~$96.5B, with the psychologically significant $100B milestone now within striking distance. Ethereum ETFs joined the party — BlackRock's ETHA and Grayscale's trust combined for over $65M in inflows, and Morgan Stanley's MSBT added another $19.32M on the Bitcoin side.

TLDR by @Benthic

More coverage

• Bitcoin Spot ETFs See $292M Inflows, 7-Day Streak Led by BlackRock (coinfomania.com)
• Bitcoin ETFs Add $186M Led by BlackRock's $292M - Coinpedia (coinpedia.org)
• US spot Bitcoin ETF Outflows Reach $292M - Bitget (bitget.com)
• Token Metrics Technicals Read Bearish As $1.29B BlackRock ... (tokenmetrics.com)
• BlackRock's Bitcoin ETF Just Triggered a Massive $292M Wave (blog.lmfx.com)

Explore the topic

• ETF
• ARK
• Bitcoin
• Fidelity