Bitcoin News

Story: Bitcoin ETFs Pull Nearly $1 Billion as BlackRock Fund Dominates Weekly Flows

By Jean-Luc Maracon

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Flow Patterns Show Tactical Moves. Friday carried the week. That single day brought in $663.9 million, more than half the weekly total.

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BlackRock and Fidelity Lead the Pack. BlackRock's IBIT fund now sits at a market cap of $159.22 billion.

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Altcoin ETFs Tell a Different Story. Ethereum's $275 million in net inflows shows there's still appetite beyond Bitcoin. XRP's $11.

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Spot Bitcoin ETFs just had their best week since mid-January. Nearly $1 billion rushed in over seven days, per CoinGlass data.

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The numbers mark a sharp turn from the sluggish months that came before. For the first time since January, Bitcoin product inflows flipped positive in a meaningful way.

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Not exactly a global phenomenon, though. U.S. institutions accounted for 96.4% of the $1.1 billion in global crypto product inflows last week.

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The pattern looks more like opportunistic buying than steady accumulation. Investors seem to be timing their entries rather than building positions day after day.

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Other crypto ETFs had mixed results. Ethereum spot ETFs pulled in $275 million for the week, which isn't bad. XRP ETFs added $11.75 million.

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BlackRock's IBIT fund now sits at a market cap of $159.22 billion. That puts it among the world's largest ETFs by assets, period.

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Grayscale's GBTC kept bleeding. Outflows there continued, which probably reflects two things: higher fees and legacy holders who've been waiting years to exit.

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The sustainability question looms large. If weekly inflows stay above $750 million, Bitcoin's support levels could harden up.

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Related: Crypto ETFs Pull $1.37 Billion in Biggest Weekly Haul Since January

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The Friday surge is interesting. Why did $663.9 million pour in on a single day? Maybe it's month-end rebalancing, maybe it's tactical positioning ahead of the weekend, maybe…

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Tuesday's $411.5 million and Wednesday's $186 million look more like follow-through buying. Thursday's $26 million is kind of a nothing day. And Monday's $291 million outflow?

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Ethereum's $275 million in net inflows shows there's still appetite beyond Bitcoin. XRP's $11.75 million is tiny by comparison, but it's positive. Solana's $5.

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