Weekly Inflows into Bitcoin ETFs Reach $948.3M
Main page News, Bitcoin-ETF
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21 May

The trend of increasing flows into US spot Bitcoin ETFs continued last week, with total net inflows totaling $948.3 million, according to the latest report from CoinShares.

This brings total net inflows for two consecutive weeks to $1.05 billion, fully recovering from four weeks of outflows in April.

There were no total net outflows for any of the combined funds last week, except for Grayscale's GBTC.

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It experienced a net outflow of $50.9 million on Tuesday, which was offset by a net inflow of $63.2 million the rest of the week, resulting in a weekly net inflow of $12.3 million for GBTC.

For the second week in a row, Fidelity's FBTC posted the largest net inflows at $344.5 million, followed by Ark Invest's ARKB at $243.7 million.

BlackRock's IBIT spot Bitcoin ETF came in third last week with $131.8 million in net inflows.

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