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US bitcoin ETFs see $3.2b inflows in second-biggest week
US spot Bitcoin ETFs attracted US$3.2 billion in inflows last week, marking their second-largest weekly increase since January 2024, according to SoSoValue.
BlackRock’s IBIT ETF led the inflows with US$1.8 billion and now holds US$96.2 billion in assets.
Fidelity’s FBTC ETF added US$692 million, with IBIT also leading trading volume in daily billions and FBTC reaching US$715 million, The Block reported.
The inflows came as Bitcoin retested its all-time high of around US$124,000.
Ether ETFs rebounded with US$1.3 billion in inflows last week, while BlackRock’s ETHA ETF accounted for two-thirds of the US$12.2 billion trading volume, with Ether trading at US$4,450.
🔗 Source: The Block
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