Bitcoin ETFs finish week with modest inflow

Reading Time: < 1 minute

US spot Bitcoin ETFs ended the week with a $6.2 million net inflow after attracting $433 million on Friday, according to SoSoValue data.

The late-week buying reversed most of the losses recorded earlier in the week. The funds had been down $426.8 million through Thursday after heavy withdrawals on Tuesday and Wednesday.

Fidelity’s FBTC accounted for $310.7 million of Friday’s inflow, while BlackRock’s IBIT added $108.4 million. The weekly result followed $462.7 million of outflows in the previous week.

Spot Ether ETFs, meanwhile, recorded $140 million in weekly outflows, ending a four-week run of inflows. The funds attracted $143.8 million on Friday but could not offset $404.8 million of withdrawals earlier in the week.