Bitcoin Spot ETF Sees Substantial Net Inflow

Recent monitoring by Farside Investors reveals a significant net inflow of $71.4 million into U.S.-based Bitcoin spot ETFs. This influx shows varying contributions, with BlackRock’s IBIT seeing a decrease of $113.7 million in assets under management, followed by Fidelity’s FBTC registering an increase of $77.5 million. Meanwhile, ARK’s ARKB saw inflows of $88 million, while Grayscale’s GBTC and Grayscale Mini BTC witnessed increases of $10.7 million and $8.9 million respectively.