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    Home»CoinDesk Indices»Digital Asset Funds See $1.9 Billion Weekly Inflows as BlackRock Buys 10,290 BTC and Fidelity Acquires 786 BTC
    CoinDesk Indices

    Digital Asset Funds See $1.9 Billion Weekly Inflows as BlackRock Buys 10,290 BTC and Fidelity Acquires 786 BTC

    Token FlashBy Token FlashJune 17, 2025No Comments2 Mins Read



    Digital asset investment products experienced $1.9 billion in inflows last week, marking the ninth consecutive week of growth and pushing the year-to-date total to a record $13.2 billion. Bitcoin led with $1.3 billion in inflows, while Ethereum attracted $583 million, its strongest inflows since February. BlackRock’s spot Bitcoin ETF purchased a total of 10,290 BTC during the week, significantly exceeding the average daily mining rate of around 3,150 BTC. On June 16 alone, BlackRock bought approximately 2,530 BTC and 6,320 ETH, with a daily purchase value exceeding $266 million for Bitcoin and $16.1 million for Ethereum. Fidelity also made notable acquisitions, buying 786.47 BTC valued at $83 million and $5.3 million worth of ETH. The total reserve of U.S. spot Ethereum ETFs reached a new all-time high of 3.91 million ETH, valued at $10.11 billion as of June 13, with BlackRock holding the largest share at 41%, equivalent to 1.58 million ETH worth $4.1 billion. Bitwise Bitcoin ETFs recorded inflows of about $83 million last week, the second-highest among Bitcoin ETFs globally, while Bitwise Ethereum ETPs in the U.S. and Europe combined took in approximately $28 million. Despite geopolitical tensions, global crypto funds continued to see strong inflows, reflecting renewed investor confidence in digital assets.

    This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.



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