U.S. spot Bitcoin exchange-traded funds (ETFs) saw a surge in investor interest on Friday, recording $92 million in net inflows despite a market downturn.
The week also witnessed nearly $400 million in total inflows across these funds, according to data from SoSoValue. Friday’s inflows were distributed among seven bitcoin ETFs, with Fidelity’s FBTC leading the pack, attracting $26.12 million.
Bitwise’s BITB fund also recorded significant inflows, amounting to $15.08 million, while Grayscale’s Bitcoin Mini Trust saw $13.37 million.
The joint fund by Ark Invest and 21Shares, ARKB, followed closely with $21.99 million.