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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 total earnings over the two weeks 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 registered 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 a backdrop of rising geopolitical tensions.
"Inertia madness," commented Nate Geraci, president of The ETF Store, on X. "12 consecutive days. Nearly $4 billion in new funds. Since its launch in January, inflows into this category have approached $50 billion. Absolutely insane."
Since the launch of the US Spot BTC ETF in early 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 rise in Bitcoin's price.
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MyFateIsInMyOwnvip
· 06-28 02:02
The revenue from IBIT alone has 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 has accelerated, averaging over $500 million on Tuesday and Wednesday, nearly double the average of $276 million from the previous 10 days, despite increasing global market fluctuations against a backdrop of rising geopolitical tensions.
"Inertia madness," commented Nate Geraci, president of The ETF Store, on X. "12 consecutive days. Nearly $4 billion in new funds. Inflows into this category have approached $50 billion since its launch in January. Absolutely crazy."
Since the launch of the U.S. Spot BTC ETF at the beginning of 2024, a total of $48.4 billion in net inflows has been accumulated, with assets under management approaching $125 billion—this figure is not only supported by investor enthusiasm but also benefits from the recent price rise of Bitcoin.
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GateUser-b2fde11bvip
· 06-28 02:02
Bulran 🐂
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GateUser-b2fde11bvip
· 06-28 02:02
Hold on tight 💪
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