The surge in institutional capital into spot Bitcoin products came as Bitcoin outperformed traditional markets, rising against a backdrop of sharp losses in major U.S. stock indexes and a weakened dollar.
ARK, Fidelity, and Bitwise Lead the Pack
Among the 12 spot Bitcoin ETFs, ARK and 21Shares’ ARKB posted the largest single-day inflow with $116.1 million, reflecting increased investor confidence in crypto as a hedge against macroeconomic volatility.
Fidelity’s FBTC followed with $87.6 million in inflows. Bitwise’s BITB attracted $45.1 million, further validating growing institutional interest in Bitcoin.
Though the full data for BlackRock’s IBIT — the largest U.S. spot Bitcoin ETF — wasn’t detailed in the report’s final sentence, early indications suggest continued strong demand for the product.
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