Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January

Spot Bitcoin ETFs Near  Billion in Weekly Inflows, Best Stretch Since Mid-January

Spot Bitcoin ETFs logged nearly $1 billion in weekly net inflows last week, their strongest seven-day stretch since mid-January, per CoinGlass flow data. BlackRock’s IBIT alone absorbed $612 million of that total, confirming institutional concentration in the dominant fund. The core question now: does this flow momentum translate into durable price support, or does tactical resistance cap the rally again?Year-to-date Bitcoin product inflows have turned positive for the first time since January, a threshold Bloomberg ETF analyst Eric Balchunas flagged as signaling “extraordinary institutional acceptance” of Bitcoin as an asset class. Total net assets across all U.S. spot Bitcoin ETFs surpassed $101 billion by Friday’s close, with daily trading volumes approaching $4.8 billion.Key Takeaways:

Weekly inflows: Nearly $1 billion – highest since mid-January
IBIT dominance: BlackRock captured $612 million of total flows
Total net assets: Surpassed $101 billion by end of week
YTD flows: Turned positive for first time since January per Bloomberg’s Balchunas
Global share: U.S. institutions captured 96.4% of $1.1 billion in global crypto product inflows
ETH ETFs: $275 million net inflows; XRP ETFs added $11.75 million; Solana lost $5.6 million

The post Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January appeared first on Cryptonews.

Leave a Reply

Your email address will not be published. Required fields are marked *