Leading the inflows were BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC), which brought in $120.03 million and $115.14 million, respectively, according to SoSoValue. The Bitwise Bitcoin ETF (BITB) followed with $28.42 million, and the Grayscale Bitcoin Trust (GBTC) saw a rare inflow of $23.01 million.
The VanEck Bitcoin Trust ETF (HODL) and Invesco Galaxy Bitcoin ETF (BTCO) also recorded inflows, with $6.56 million and $4.03 million, respectively. However, ETFs from Hashdex, Franklin Templeton, Valkyrie, and WisdomTree did not register any inflows on the same day.
This marks the largest inflow since June 5, when spot Bitcoin ETFs amassed just over $488 million, with no outflow days recorded during that period.
According to ETF market watcher HODL15Capital, U.S.-based spot Bitcoin ETFs now hold an all-time high of 888,607 BTC.
Data from Farside Investors shows that recent activity has brought total inflows since the start of the week to $1.04 billion. Since their launch earlier this year, spot Bitcoin ETFs have accumulated nearly $16 billion in net inflows.
This figure includes over $18.6 billion that has flowed out of GBTC since it transitioned into a spot ETF six months ago. Despite these outflows, Grayscale’s Bitcoin product remains the second-largest ETF by net assets, with approximately $15.73 billion worth of Bitcoin.
News of these record inflows appears to have positively influenced Bitcoin’s price, which was trading at $58,543 at the time of writing, up 2.4% from 24 hours earlier.
However, this price increase comes amid reduced trading volumes, with about $21.76 billion worth of Bitcoin traded in the last 24 hours, a 23.29% drop from the previous day.