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#btc Institutional interest in Bitcoin continues to rise, with the U.S. spot BTC ETF recording positive net inflow for the twelfth consecutive day on Wednesday, attracting nearly $548 million and bringing the total two-week income 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 increasing volatility in global markets against a backdrop of rising geopolitical tensions.
"Inertia madness," said Nate Geraci, president of The ETF Store, in a comment on X. "12 days in a row. Nearly $4 billion in new money. 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.