BlackRock and Fidelity lead the way with their Bitcoin ETF gaining $340 million in one day.

quick take

February 14th was another impressive Bitcoin ETF inflow day, with Bitcoin ETFs recording a net increase of $340 million, according to BitMEX Research.

BlackRock IBIT led the way with significant inflows of $224 million, bringing its total holdings to $4.8 billion, according to BitMEX data. Fidelity’s FBTC ETF followed suit, with net inflows exceeding $100 million for the sixth consecutive day, with $119 million in inflows, for a total of $3.4 billion.

But not all ETFs share in the prosperity. BTCO Invesco, on the other hand, experienced its third outflow. A cumulative total of $76 million was withdrawn. Ark Invest’s ARKB recorded notable inflows of $102 million on February 14, hitting the milestone of exceeding $1 billion in net inflows.

As reported by BitMEX, Grayscale Bitcoin Trust (GBTC) observed additional outflows worth $131 million, bringing total outflows to $6.7 billion. Despite these outflows, the total net inflows of all Bitcoin ETFs are an impressive $4.1 billion, demonstrating their growing popularity.

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