I just reviewed the flows of the Bitcoin spot ETFs and the news is quite interesting. Last Wednesday, we saw a net movement of $358 million entering these products, which continues to show that institutional appetite for Bitcoin that we've seen for months.

What stands out the most is BlackRock's performance with its IBIT. The company's product accumulated no less than $269 million just that day, clearly positioning itself as the market favorite. Looking at the history, IBIT has already surpassed $63 billion in accumulated flow, which is quite significant considering how long it has been in the market.

Fidelity also remains in the race with its FBTC, which captured $53 million in the same period. The fund is already around $11 billion in total flow, so both are moving serious numbers. Overall, Bitcoin spot ETFs now control about 6.44% of the total Bitcoin supply, giving an idea of how important these products have become for the ecosystem.