U.S. spot Bitcoin ETFs just posted their best weekly inflow since last October, adding $1.92 billion over five sessions. On Friday, BlackRock’s iShares Bitcoin Trust led the way with $239.28 million, about 77% of that day’s total ETF intake. So the setup here is straightforward: flows were strong for the week, and IBIT drove the final session’s push.
Today’s performance lines up Bitcoin nearly flat at -0.25%, while the S&P 500 and Nasdaq are both in the green. Gold stands out with a 1.95% gain, and the VIX is lower.
Even with the strongest ETF week since last October, Bitcoin still hasn’t broken out. It was nearly flat on the day while stocks pushed higher and gold gained close to 2%. That leaves the real takeaway as a disconnect: the fund bid is clearly there, but price still is not confirming it.