Bitcoin ETFs see $893 million inflow with Blackrock in lead

Spot Bitcoin (CRYPTO:BTC) exchange-traded funds (ETFs) experienced a significant surge on Wednesday, drawing in $893.21 million in a single day.

According to recent data, Blackrock’s IBIT fund led the inflows with $872.04 million, highlighting robust investor interest in digital assets despite market volatility.

Other funds also contributed to the overall inflow.

Fidelity’s FBTC captured $12.57 million, while Grayscale’s Bitcoin Mini Trust added $7.96 million.

ARKB and BTCO each collected $7.18 million, with BRRR pulling in $6.11 million and Vaneck’s HODL achieving $4.07 million.

Bitwise’s BITB, however, faced a $23.89 million outflow, slightly offsetting gains from other funds.

Wednesday’s trading volume totaled $1.97 billion, bringing the year’s net inflows since January to $24.18 billion.

Ether-focused (CRYPTO:ETH) ETFs saw smaller but positive inflows, collectively gaining $4.36 million, which contributed to reducing cumulative net outflows to $493.57 million since July.

Leading these was Fidelity’s FETH with $5.32 million in inflows, followed by 21shares’ CETH, which gained $2.66 million.

Bitwise’s ETHW recorded a decrease of $3.63 million, balancing out some of the day’s Ether ETF gains.

Currently, Ether-focused ETFs hold $7.34 billion in reserves, while Bitcoin ETFs manage a notable $72.46 billion.

According to analysts, the growing inflow momentum among major players like Blackrock and Fidelity suggests a rising appetite for regulated exposure to digital assets.

At the time of reporting, the Bitcoin price was $69,136.39.