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US Bitcoin ETFs secure 5-day inflow streak as BlackRock rakes in $184 million

US Bitcoin ETFs continue to witness a streak of positive performance, with five consecutive days of inflows. The iShares Bitcoin Trust (IBIT) by BlackRock led the way, attracting around $184 million in net inflows. Bitwise’s Bitcoin ETF (BITB) also saw new capital of approximately $2 million. However, Fidelity’s Bitcoin Fund (FBTC) and ARK Invest/21Shares’s Bitcoin ETF (ARKB) experienced outflows of about $33 million and $47 million respectively. The Grayscale Bitcoin Trust (GBTC) did not see any flows. Following GBTC’s conversion into an ETF, over $20 billion in withdrawals were made, but the outflows have slowed down in recent weeks. Meanwhile, as capital flows to other funds, especially BlackRock’s IBIT, the US spot Bitcoin ETFs have garnered sustained inflows of about $246 million so far this week.