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US Spot Bitcoin ETFs Hit Record Week, Adding $2.1 Billion in BTC

  • Bitcoin and other cryptocurrencies see notable gains, boosted by record inflows into Spot Bitcoin ETFs totalling over US$2.1 billion last week.
  • BlackRock’s IBIT stands out, contributing more than half of the inflows.
  • Monday recorded the highest daily inflow for the ETFs, with significant contributions from Fidelity’s FBTC and Bitwise’s BITB.
  • The rapid growth of Bitcoin ETFs outpaces that of gold, achieving milestones in 10 months that took gold ETFs five years.

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