Spot Bitcoin ETFs See $137.2M Inflows Despite Volatility

Spot Bitcoin ETFs See $137.2M Inflows Despite Volatility



U.S. spot Bitcoin (BTC) ETFs have experienced a notable recovery, with four consecutive days of net inflows totaling $137.2 million.



This rebound commenced on June 25, following a challenging period marked by consistent net outflows across nearly all funds. According to Farside Investors, spot Bitcoin ETFs in the U.S. recorded $31 million in net inflows on that day. Leading the resurgence was Fidelity’s FBTC, which garnered $48.8 million in inflows, followed by the Bitwise Bitcoin ETF (BITB) with $15.2 million, and the VanEck Bitcoin Trust (HODL) with $3.5 million in net inflows.



Most funds remained stable, with the exception of Grayscale’s GBTC, which encountered significant net outflows of $30.3 million. However, by June 26, GBTC registered its first positive inflow since June 5, contributing to a collective net inflow of $21.4


Read more: crypto news


#Bitcoin, #BitcoinETF, #Blockchain, #BTCETF, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #News, #Regulations

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