$BTC #ETFs Extend Inflow Streak Despite Geopolitical Tensions
Spot
$BTC exchange-traded funds recorded their eighth consecutive day of inflows totaling $388.3 million on Wednesday.
#BlackRock's IBIT led with $278.9 million while Fidelity's FBTC added $104.4 million in fresh capital.
$BTC maintained stability in the $105,000 range despite initial panic from renewed #geopolitical tensions.
The pattern mirrors
$BTC's reaction to previous international crises and regional developments.
$BTC showed resilience, falling around 7% during past events before stabilizing days later, according to analytics platform Santiment.
#ETF inflows have totaled $11.2 billion since April 17, with only eight outflow days during that period.
Grayscale products were the only ones bleeding capital, with the Grayscale Bitcoin Trust ETF (GBTC) and the Grayscale Bitcoin Mini Trust seeing outflows of $16.4 million and $10.1 million, respectively.
More than $46.3 billion has flowed into the 11
$BTC products since their launch.
