Bitcoin ETFs pull in $462M as BTC briefly tops $73K
BlackRock’s IBIT led inflows with $307 million as almost all US spot Bitcoin ETFs recorded inflows on Wednesday, extending a three-day inflow streak totaling $1.1 billion.
US spot Bitcoin exchange-traded funds saw inflows increase on Wednesday as BTC briefly surged past $73,000.
Spot Bitcoin (BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing the weekly total to $1.1 billion, according to Farside data.
The new gains bring year-to-date flows to about $700 million, a modest amount after the ETFs shed $3.8 billion during a five-week outflow streak.