US Spot Bitcoin ETFs Break Outflow Trend With $30M in Inflows
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows.
U.S. Spot Bitcoin ETFs Rebound
On Tuesday, spot bitcoin ETFs in the U.S. reversed a week-long trend of outflows by securing a $31.01 million increase in net inflows. FBTC emerged as the top performer, attracting $49 million. Bitwise’s BITB claimed the second position with $15 million, while Vaneck’s HODL garnered $4 million, positioning it third in Tuesday’s trading sessions.
ETFs such as IBIT, BTCO, BRRR, EZBC, BTCW, and DEFI experienced stable trading with neither inflows nor outflows. Leading the outflows, GBTC saw a $30 million reduction, followed by Ark Invest’s and 21shares’ ARKB fund, which recorded $6 million in outflows. According to sosovalue.xyz stats, these movements brought the cumulative total net inflow to $14.42 billion.
The 11 funds now hold $53.56 billion in bitcoin reserves and Tuesday’s trading sessions saw $2.21 billion traded. Tuesday’s trading dynamics signal a nuanced shift in investor sentiment toward U.S. spot bitcoin ETFs, hinting at a potential stabilization after a turbulent week.
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