BTC-Spot ETF-Market Sees Net Inflows Slide in the Week
On Friday, BTC declined by 1.09%. Following a 1.11% loss from Thursday, BTC ended the session at $50,763.
Investors reacted to BTC-spot ETF market flow data for the Thursday and Friday sessions. The BTC-spot ETF market recovered from net outflows on Wednesday (February 2). On Thursday, the BTC-spot ETF market saw net inflows of $251.4 million.
Significantly, Fidelity Wise Origin Bitcoin Fund (FBTC) ranked number one by net inflows, overtaking iShares Bitcoin Trust (IBIT). FBTC last outmuscled IBIT on February 7. Nonetheless, IBIT and FBTC continue to corner the US BTC-spot ETF market, accounting for 81% of total net inflows.
