Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding

The Block·

Spot bitcoin ETFs snap five-day outflow streak with $85.8 million Friday inflow as ether funds keep sliding

60-second summary

BlackRock's IBIT leads a $85.8 million inflow into spot bitcoin ETFs, snapping a five-day outflow streak, with $57.7 million of that coming from IBIT alone. Fidelity's FBTC adds $18.0 million, while no fund reports a net outflow on the day, indicating a shift in investor sentiment towards bitcoin. Market confidence is boosted.

BlackRock's IBIT led Friday's inflows at $57.7 million, with Fidelity's FBTC adding $18.0 million, while no fund reported a net outflow on the day.