U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs.
Tuesday Sees $305M in Inflows Into U.S. Spot Bitcoin ETFs
Amidst the excitement around proposed spot ethereum ETFs, spot bitcoin ETFs drew $305.7 million in inflows during Tuesday’s trading sessions. Only two funds, Blackrock’s IBIT and Fidelity’s FBTC, contributed to these inflows. IBIT took the majority share with 94.86%, equating to $280 million, while FBTC brought in just under $26 million. The remaining spot bitcoin ETFs experienced a neutral day with no inflows or outflows