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#btc# Institutional interest in Bitcoin continues to rise, with the U.S. Spot BTC ETF recording positive net inflows for the twelfth consecutive day on Wednesday, attracting nearly $548 million, bringing the total two-week revenue to $3.9 billion.


BlackRock's IBIT remains the market leader, attracting $340.3 million in a single day. Fidelity's FBTC follows closely with $115.2 million, while Ark Invest and 21Shares' ARKB contributed a smaller amount of $70.2 million, Bitwise's BITB at $12.9 million, and VanEck's HODL at $9.1 million. During the same period, no other funds reported any income.
The revenue from IBIT alone exceeded $3.3 billion—accounting for about 86% of the total revenue during this 12-day period, solidifying its leading position in the Bitcoin ETF space. Notably, daily revenue accelerated, averaging over $500 million on Tuesday and Wednesday, nearly double the average of $276 million from the previous 10 days, despite increased global market volatility against the backdrop of rising geopolitical tensions.
"Inertial madness," commented Nate Geraci, president of The ETF Store, on X. "Twelve consecutive days. Nearly $4 billion in new money. Since its launch in January, inflows into this category have approached $50 billion. Absolutely crazy."
Since the launch of the US Spot BTC ETF at the beginning of 2024, it has accumulated a net inflow of $48.4 billion, with assets under management nearing $125 billion—this figure has not only received enthusiastic support from investors but has also benefited from the recent price rise of Bitcoin.
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GateUser-732f8bb2vip
· 06-28 09:19
A scarcity of Bitcoin will occur sooner or later at this rate.
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