BlackRock and Fidelity Dominate U.S. Bitcoin ETF Flows

TLDR BlackRock’s IBIT and Fidelity’s FBTC account for the majority of recent U.S. spot Bitcoin ETF inflows. On January 14, IBIT and FBTC captured over 90% of the $840.6 million total inflows. Similar concentration appeared on April 17 and May 1, with the two funds absorbing most new capital. Bitcoin is down about 29% year-to-date, [...]

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