According to The Block, the U.S. spot Bitcoin ETF recorded a net inflow of $187 million on Tuesday, extending its positive trend to four days. With the expected interest rate cut, Bitcoin remained at $60,000 ahead of the key FOMC meeting on Wednesday. Meanwhile, the U.S. spot Ethereum ETF saw a net outflow of $15 million for the second consecutive day.

The U.S. spot bitcoin exchange-traded fund (ETF) registered net inflows of $186.8 million on Tuesday, extending its four-day positive run totaling more than $500 million.

According to CoinGlass data, BlackRock’s IBIT ETF generated its first positive inflows in three weeks on Monday, but returned to zero inflows on Tuesday, with Fidelity’s FBTC dominating net inflows, bringing in $56.6 million.

Bitwise’s BITB and Ark Invest’s ARKB ranked second and third with net inflows of $45.4 million and $42.2 million, respectively. VanEck’s HODL generated $20.5 million in positive inflows, while Invesco’s BTCO saw $10.2 million, Franklin Templeton’s EZBC saw $8.7 million, and WisdomTree’s BTCW saw $3.2 million, showing a diverse flow of funds.

No U.S. spot bitcoin ETFs saw net outflows on Tuesday, and other funds including Grayscale’s high-fee GBTC saw no inflows on the day.

Spot Bitcoin ETFs saw a record period of consecutive daily net outflows totaling nearly $1.2 billion from August 27 to September 6. However, since then, they have generated $603.5 million in positive inflows and have generated a total of nearly $17.5 billion in net inflows since trading began in January.

“It looks like ‘degen retail’ poured ~$200M more into spot Bitcoin ETFs on a random Tuesday… 8 months after launch,” ETF Store President Nate Geraci posted on X. “The Fidelity Bitcoin ETF now has over $10B in assets under management. The iShares [BlackRock] Bitcoin ETF is over $21B. Spot Bitcoin ETFs are the first four ETF launches to occur in 2024. And most large financial institutions still haven’t approved them.”