Recent data on Bitcoin ETFs in the US shows a significant increase in asset inflows despite volatility in the cryptocurrency market.
Growth Leaders in Bitcoin ETFs
BlackRock’s IBIT led the way with $327.3 million in inflows. Following it is the joint offering from ARK Invest and 21Shares, ARKB, with $97 million. Bitwise’s BITB saw $10.2 million, while Invesco's BTCO added $7.5 million.
Overall ETF Trading Volume Dynamics
Despite robust daily inflows, total ETF trading volume dipped to $2 billion on Thursday, down from $4 billion on Wednesday. The drop followed two blockbuster days earlier in the week, with inflows of $916.9 million on Wednesday and $936.4 million on Tuesday.
Institutional Interest in Bitcoin
The continuous buying streak highlights the ongoing institutional appetite for regulated BTC exposure, despite recent market volatility.
The recent results indicate that interest in Bitcoin ETFs from institutional investors remains high, which may contribute to market stabilization.