US Bitcoin Spot ETF Sees $433M Net Inflows in One Day

U.S. Bitcoin (BTC) spot exchange-traded funds saw net inflows of $433 million in one day, according to Solactive data as of 18th local time. This follows a previous day's $159 million in net inflows, marking two consecutive days of positive flows totaling approximately $592 million over the period.

Fidelity's 'FBTC' led with $310.72 million, accounting for 71.8% of total inflows. BlackRock's 'IBIT' saw $184.4 million in net inflows. Combined, these two products accounted for $419.16 million or 96.8% of the total.

Bitwise's 'BITB' recorded $9.69 million in net inflows, while VanEck's 'HODL' and Ark Invest/21Shares' 'ARKB' saw $2.29 million and $1.88 million respectively. Grayscale's 'GBTC' and 'BTC', along with Morgan Stanley's 'MSBT', showed no net inflows or outflows.

Total cumulative net inflows for U.S. Bitcoin spot ETFs now stand at $55.16 billion. Among products, IBIT leads with $64.12 billion in cumulative inflows, followed by FBTC at $10.36 billion. Conversely, GBTC has accumulated a total net outflow of $27.84 billion since its launch.