Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively.
AI summary
Bitcoin ETFs recorded their largest single-day inflow in a month, driven entirely by BlackRock's IBIT, while Fidelity's FBTC and Grayscale's GBTC posted outflows of $83.6 million and $54.9 million respectively. The net positive flow signals renewed institutional demand concentrated in the largest issuer, which traders often read as a supportive signal for BTC price momentum. The divergence also highlights shifting market share among ETF providers.
