US Spot Bitcoin ETFs Post Longest Inflow Run Since October
US spot Bitcoin ETFs extended their inflow streak to nine trading days on Friday, pulling in $2.12 billion since April 14 in the longest such run since October. For the April 20-24 period, the funds drew about $824 million of net inflows, marking a fourth straight week of gains.
BlackRock’s IBIT accounted for most of last week’s Bitcoin ETF demand, with clients buying $732.6 million of Bitcoin, the vast majority of the $823.7 million total, and bringing holdings to more than $62.7 billion. Spot Ethereum ETFs posted about $155 million of net inflows for a third consecutive week, while spot SOL and XRP ETFs added $9.44 million and $15.74 million, respectively.
From the sources (6 posts)
@wublockchainSpot Bitcoin ETFs See 824M USD Weekly Net Inflows, Fourth Straight Week of Gains From April 20 to April 24 (ET), spot Bitcoin ETFs recorded net inflows of $824 million, marking four consecutive weeks of net inflows. Spot Ethereum ETFs saw
@cointelegraph🇺🇸 ETF FLOWS: BTC, ETH, SOL and XRP spot ETFs saw net inflows last week. BTC: $823.7M ETH: $155.01M SOL: $9.44M XRP: $15.74M
@coinmarketcapLATEST: 📈 US spot Bitcoin ETFs extended their inflow streak to nine days on Friday, pulling in $2.12 billion since April 14, the longest such run since October.
@arkhamBLACKROCK BOUGHT OVER $700 MILLION BTC
@arkhamBlackRock’s IBIT ETF clients bought a total of $732.6M of BTC last week - making up the vast majority of ETF net inflow (total $823.7M) They now hold over $62.7B of Bitcoin, acquired at an average price of ~$85,000.
@cointelegraph🔥 BULLISH: BlackRock's IBIT ETF clients purchased $732.6M in $BTC last week, bringing their total holdings to over $62.7B worth of Bitcoin.