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Bitcoin ETF market thrives with nearly 9,300 Bitcoin added in one day Bitcoin ETF market thrives with nearly 9,300 Bitcoin added in one day

Bitcoin ETF market thrives with nearly 9,300 Bitcoin added in one day

Data via BitMEX

BlackRock's IBIT leads with a $331 million boost in a day of extraordinary Bitcoin ETF inflows totalling $477 million.

Quick Take

Bitcoin ETFs notched an impressive day with a strong inflow of $477 million (roughly 9,300 BTC,) according to BitMEX Research.

BitMEX data shows that BlackRock’s IBIT stood out on Feb. 15, seeing a $331 million inflow that bolstered its cumulative total to a staggering $5.2 billion. Fidelity’s FBTC, while registering a substantial $97 million inflow, broke its streak of consecutive $100 million or higher inflows, taking its total net to $3.5 billion. Bitwise’s BITB recorded its most substantial inflow since the opening trading day with $120 million, achieving a total net inflow milestone of $1 billion.

BTC ETF Data: (Source: BitMEX Research)
BTC ETF Data in dollars: (Source: BitMEX Research)

In contrast, Invesco’s BTCO reported its first inflow since Feb. 8, albeit a modest $1.3 million.

Grayscale’s GBTC experienced substantial outflows totaling $175 million, escalating its net outflow to a whopping $6.9 billion. Despite the disparate fund performance, the total net inflows remained strong at $4.6 billion, equivalent to roughly 96,500 Bitcoin, signaling robust investor interest in Bitcoin ETFs.

BTC ETF Data in Bitcoin: (Source: BitMEX Research)
BTC ETF Data in Bitcoin: (Source: BitMEX Research)