U.S. Bitcoin Spot ETF attracts $1.4 billion this week, with BlackRock's IBIT leading institutional deployment

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【Blockchain Rhythm】The latest data shows that this week, the momentum of the US Bitcoin spot ETF is quite good, with a net inflow of $1.416 billion over the week. Among them, the performance of institutional giants is particularly eye-catching:

BlackRock’s IBIT leads the pack, attracting over $1 billion in one week, accounting for about 70% of the total inflow. Following closely is Fidelity’s FBTC, with nearly $200 million in inflows. Bitwise and VanEck’s BITB and HODL also performed steadily, each receiving nearly $80 million and $25 million respectively. New products like ARK, Franklin, and Valkyrie, although smaller in size, have also absorbed several million to tens of millions of dollars in funds.

It is worth noting that Grayscale’s flagship product GBTC experienced a slight outflow of $1.6 million during this cycle, but its mini version BTC product gained over $30 million in net inflows against the trend. Overall, institutional investors’ interest in Bitcoin spot products continues to rise, and the trend of diversified deployment is becoming increasingly evident.

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PrivacyMaximalistvip
· 15h ago
BlackRock is really aggressive this time. IBIT attracted 1 billion in a week, while others have become supporting roles. Grayscale is still experiencing outflows, which is really disappointing.
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YieldFarmRefugeevip
· 15h ago
BlackRock is bottom-fishing here. IBIT is attracting so much capital; it seems institutions really don't want to miss this wave.
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CryptoTarotReadervip
· 15h ago
BlackRock's move is truly impressive. IBIT attracted 1 billion in a week, this is what you call capital strength. Retail investors can only watch as gray market investors profit. Gray GBTC is actually flowing out? It's a mini version now, institutions are also optimizing their allocations. IBIT's ability to attract funds is real, it has made Bitcoin the optimal choice. This week's data is indeed strong; institutions have already hinted at the next step. BlackRock alone accounts for seventy percent, and other products are also showing some activity. At this rate, institutional Bitcoin deployment has become a certainty. The outflow of GBTC is a bit interesting; are large investors switching strategies? A net inflow of 1.4 billion in a week indicates that institutions haven't exited the market. This is what true confidence looks like—voting with money is the most direct way.
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OldLeekNewSicklevip
· 15h ago
BlackRock's way of cutting is truly advanced. Retail investors are still struggling with entry points, while institutions have long absorbed the chips through IBIT. This is what you call the textbook version of a capital pool model... Just for your reference, everyone.
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SurvivorshipBiasvip
· 16h ago
Is BlackRock so fierce? 1 billion in a week, truly impressive. This is the overwhelming advantage of big capital.
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