Bitcoin ETFs Record Nearly $1 Billion Worth of Inflows

utoday
05-23

Bitcoin exchange-traded funds (ETFs) recorded a total of $934 million worth of inflows on Thursday. 

This coincided with Bitcoin hitting a new record high of $111,814, according to CoinGecko data. 

BlackRock's IBIT accounted for virtually all of these inflows with $877 million. This is one of the biggest days for IBIT since its launch in early 2024. 

In less than a month, the ETF has recorded a total of $900 million worth of inflows. 

Fidelity's FBTC comes in extremely distant second place with $49 million worth of inflows. 

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