BlackRock IBIT Leads with $600 Million Net Inflow... Driving Total Bitcoin ETF Net Inflow

Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) have successfully achieved a net inflow. BlackRock IBIT led the way with a significant net inflow on this day.

According to Trader T and Farside Investor on the 7th (local time), the total net inflow into Bitcoin spot ETFs was recorded at $534.6 billion.

BlackRock IBIT was the only one to record a net inflow. BlackRock IBIT achieved a massive net inflow of $597.2 million on this day.

However, net outflows from other ETFs significantly reduced the total net inflow of Bitcoin spot ETFs. In terms of net outflow, ARK Investment's ARKB had the largest at $212.6 million, followed by Grayscale's GBTC (-$125.5 million), Bitwise's BITB (-$113.9 million), and Fidelity's FBTC (-$86.3 million).