From TokenPost · · 40s
Bitcoin ETF Inflows Drop to $23.2m
Bitcoin ETFs saw $23.2m inflows after $526.7m surge.
In brief
Bitcoin ETFs saw $23.2m inflows after $526.7m surge. U.S. Bitcoin ETFs recorded $23.2 million net inflows on Tuesday, following a $526.7 million inflow the previous day. Originally reported by TokenPost.
Bitcoin ETFs
U.S. spot Bitcoin exchange-traded funds logged a second straight session of net inflows, though Tuesday’s intake fell sharply from the prior session.
Monday’s Inflows
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $665.2 million in inflows, while Fidelity’s FBTC saw $83.6 million in outflows.
Tuesday’s Activity
IBIT recorded $29.9 million in inflows and FBTC recorded $3.6 million, partly offset by $10.3 million in outflows from Bitwise’s BITB.
The essence
U.S. Bitcoin ETFs recorded $23.2 million net inflows on Tuesday, following a $526.7 million inflow the previous day.
