US Bitcoin ETFs Achieve Historic $1B Inflows
US spot Bitcoin ETFs made history this week with consecutive days of $1 billion+ inflows, coinciding with Bitcoin‘s new all-time high prices. This milestone signals growing institutional confidence in cryptocurrency markets.
Unprecedented Week for Bitcoin ETF Activity
Data from Farside shows $2.72 billion flowed into Bitcoin ETFs during the week. Friday’s $1.03 billion followed Thursday’s $1.17 billion inflow – the first back-to-back billion-dollar days since January’s launch.
BlackRock’s ETF Sets New Records
BlackRock‘s IBIT became the fastest ETF to reach $80 billion in assets, achieving this in just 374 days. ETF analyst Eric Balchunas noted this remarkable growth reflects surging institutional demand.
Supply-Demand Imbalance Emerges
While the Bitcoin network produces about 450 coins daily, Bitwise Invest’s Matt Hougan reported ETFs bought roughly 10,000 on Thursday. Jan3 CEO Samson Mow warned current demand levels appear unsustainable long-term.
Price Rally Fuels ETF Interest
Bitcoin surged to $118,780 Friday according to CoinMarketCap, driving ETF inflows. Analysts note the price momentum has significantly boosted investor participation through regulated ETF products.
