US spot Bitcoin ETFs recorded over $1 billion in net inflows across three trading sessions, with BlackRock and Fidelity leading the activity. While inflows reached $526.6 million on Monday and $23.16 million on Tuesday, the current rates still lag behind the $235 million daily average seen during previous rallies. These significant inflows occurred even as Bitcoin's price retreated toward the $82,000 level.
Spot Bitcoin ETFs recorded over $1 billion in net inflows over three sessions as institutional buyers led by BlackRock and Fidelity entered during a price retreat.
Read the full storyIBIT and FBTC led inflows in the latest session, while GBTC turned positive, as Glassnode reported weak trading volumes and persistently subdued buying by bitcoin treasury companies.
Inflows approached Monday's level as money flowed into several funds, while Ethereum funds returned to net inflows despite continued withdrawals from ETHA.