Bitcoin ETFs Just Pulled $2.25B in 4 Days — Here Are the Top 3 Leaders

Core Insights - Bitcoin ETFs have experienced significant inflows totaling $2.25 billion over four consecutive days, indicating a strong resurgence in institutional interest [1][8] - BlackRock, Fidelity, and ARK & 21Shares are leading the inflows, with BlackRock's IBIT ETF recording the highest net inflow of $466.55 million in the latest trading session [2][3] Inflows and Performance - The latest trading session alone saw inflows of $627.24 million, driven by Bitcoin's price surge above $120,000 [2] - BlackRock's IBIT has a cumulative total of $61.84 billion in net inflows, while Fidelity's FBTC and ARK's ARKB attracted $89.62 million and $45.18 million respectively [3][5] Market Dynamics - The increase in ETF activity aligns with Bitcoin's price rebound, which reached an intraday high of $120,550 before slightly retreating to $119,912 [3] - Technical indicators such as the Relative Strength Index (RSI) at 64.38 and a widening MACD histogram suggest continued upward momentum for Bitcoin [4] Asset Management - BlackRock's IBIT manages $93.95 billion in assets, while Fidelity's FBTC holds $24.91 billion and ARKB manages $5.43 billion [4][5] - The total assets locked in Bitcoin ETFs now amount to $161.03 billion, representing 6.7% of Bitcoin's total market cap [6] Institutional Demand - The strong inflows into Bitcoin ETFs indicate a resurgence and acceleration of institutional demand, particularly at the start of October, a month historically known for bullish trends in the crypto market [6][8] - Bitcoin ETPs currently hold over 1.47 million BTC, accounting for approximately 7% of the capped supply, with U.S. ETFs holding 1.29 million BTC [7]