BlackRock IBIT absorbs $292M as Fidelity and ARK bleed funds, Bitcoin ETFs inch toward $100B
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Promote with Leviathan NewsBlackRock's IBIT dominated Tuesday's crypto ETF flows with $291.86M in inflows, single-handedly offsetting combined outflows from Fidelity's FBTC ($47.35M), ARK 21Shares ($42.22M), and Bitwise's BITB ($8.54M for a third straight day). Net result was $276.52M in inflows pushing total Bitcoin ETF assets to ~$96.5B, with the psychologically significant $100B milestone now within striking distance. Ethereum ETFs joined the party — BlackRock's ETHA and Grayscale's trust combined for over $65M in inflows, and Morgan Stanley's MSBT added another $19.32M on the Bitcoin side.
TLDR by @Benthic
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