Bitcoin ETFs pull $731 million, record largest single day since January
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U.S. spot bitcoin ETFs recorded their largest single-day inflow since January on Thursday, pulling in $731 million across all products. BlackRock's IBIT led the charge with $454 million in new capital, while the broader ETF complex saw valuations climb more than 5% in the session. Combined net assets in these funds now stand at $103.34 billion.
Analysts traced the buying surge to dovish remarks from Federal Reserve Governor Christopher Waller, suggesting market participants interpreted his comments as supportive for risk assets like bitcoin. The timing marks a notable inflection after months of relatively muted ETF activity.
- Spot bitcoin ETFs saw their strongest inflow day in nearly a year, driven partly by Fed communications perceived as less hawkish.
- BlackRock's IBIT captured the majority of Thursday's flows, underscoring its dominance in the institutional bitcoin ETF space.
- Total ETF assets have now crossed $103 billion, reflecting growing institutional adoption of regulated bitcoin products.
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US bitcoin ETFs report the largest inflow day since January, worth $731 million
Analysts attributed Fed Governor Christopher Waller’s dovish comments to the significant inflow of capital into bitcoin products.
Bitcoin ETFs pull $731 million, record largest single day since January
🚨 U.S. spot bitcoin ETFs drew $731 million Thursday, the largest inflow since January. 🟢 BlackRock’s IBIT alone added $454 million, while all funds gained over 5% in a single day. 📈 Cumulative ETF net assets reached $103.34 billion, now…