Bitcoin ETF demand hits $337.6M - But


THESE 2 issuers dominate bid
Bitcoin's recovery is drawing stronger regulated demand as investors absorb BTC faster across U.S. and European investment products.
Bitcoin's move upward past $80k is gaining steam with ETF subscription growth as well as a recent pullback in Bitcoin.
The U.S. Spot Bitcoin ETFs have absorbed $337.6 million in new subscriptions for the third straight week. This represents six weeks of consecutive inflows totaling about $2.26 billion.
That matters because steady subscriptions create persistent buying demand, helping absorb available Bitcoin [BTC] as price pushes through resistance.
According to Farside data, BlackRock's IBIT led with $208.9 million, while Fidelity's FBTC added $104.6 million.
Needless to say, this represented the largest concentration of investment capital into these two institutions. Furthermore, they have also been the primary sources of the majority of the investments so far this year.#BTCBreaks$81k #CandyDrop1BTCForOldUsers #StakeALIGNShare10MTokens #ETHBreaks$2500 #GateStockInsightsChallenge $BTC
BTC-0.08%
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ContractShredder
· an hour ago
Blackstone and Fidelity alone account for most of it. Institutions are entering increasingly aggressively, while retail investors are somewhat hesitant, waiting for a breakout above the previous high.
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CryptoComedian
· an hour ago
ETFs continue to attract inflows—this rally is solid.
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LiquidityHunter
· 2 hours ago
Six consecutive weeks of net inflows show that institutions are not trading for the short term but are making genuine allocations. IBIT and FBTC are leading the way, and this scale of capital is enough to absorb selling pressure, making a breakout above 81,000 only a matter of time. However, be wary of a pullback after the positive news is priced in.
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