📰 Last week, spot Bitcoin ETFs finally saw net inflows of only $6.2137 million, but BlackRock’s IBIT recorded net inflows of $121 million for the week. The contrast is pretty striking, suggesting that capital didn’t rush in all at once—it clearly split and flowed among different products.

🔥 Fidelity’s FBTC had net inflows of $79.9348 million during the same period, while Ark & 21 Shares’ ARKB saw net outflows of $142 million. After several large inflows and outflows offset each other, only this small amount of net inflow remains.

Honestly, if you look only at $6.2137 million, it’s easy to think there isn’t much interest. But broken down, IBIT and FBTC still pulled in a significant amount of capital—especially since IBIT’s historical total net inflows have already reached $64.120 billion, making concentration increasingly obvious.

💡 As of the time of publication, the total net asset value of spot Bitcoin ETFs is $102.53 billion, accounting for 6.29% of Bitcoin’s total market cap. Historical cumulative net inflows have reached $55.160 billion. ETFs are no longer an optional side channel—the scale of capital they carry is right there in front of you.

🤔 Which would you pay more attention to: the overall spot ETF net inflows of just $6.2137 million, or IBIT still managing to pull in $121 million in a single week?

#比特币 #比特币ETF #IBIT #Institutional capital