Spot bitcoin-ETFs record fifth consecutive day of capital inflows

According to SoSoValue, the largest spot bitcoin ETF by asset value, IBIT from BlackRock, received the most money - $72.09 million. Net inflows into FBTC from Fidelity totaled $32.69 million.

Spot bitcoin fund Bitwise also attracted $7.53 million, while ETFs from Ark Invest and 21Shares ETF added another $4.31 million to its assets.

The inflows were countered by a net outflow of $37.69 million from GBTC from Grayscale. Six other funds, including VanEck's HODL, reported zero momentum.

U.S. spot bitcoin ETFs have accumulated more than $15.5 billion since launching in January 2024.

Meanwhile, investors are still awaiting the launch of ether-based spot exchange-traded funds. The U.S. Securities and Exchange Commission has received its requested changes to issuers' filings, but is in no hurry to accept them yet.

Bitcoin is currently trading at $57,600, the leading cryptocurrency has fallen in price by 2.1% over the past 24 hours. Ether has dropped 2.8% in the past 24 hours and is now at $3,091.