Bitcoin ETF Inflows Reach $136M, Marking Fourth Straight Day - Coincu
1 min - Around 2 mins mins to read Key points: Bitcoin ETF inflows of $136 million on Tuesday, marking the fourth consecutive day of net inflows. BlackRock’s IBIT led the inflows with $98.8...
1 min - Around 2 mins mins to read
Key points:
- Bitcoin ETF inflows of $136 million on Tuesday, marking the fourth consecutive day of net inflows.
- BlackRock’s IBIT led the inflows with $98.8 million, marking its most significant single-day inflow since August 26.
Bitcoin ETF inflows reached $135.95M on Tuesday, with BlackRock leading. Ether ETFs also returned to positive flows, totaling $62.51M after Monday’s large outflows.
Bitcoin ETF Inflows Surge to $135 Million Led by BlackRock
U.S. Bitcoin ETFs got 135.95 million dollars in net inflows on Tuesday, making it the fourth straight day of positive flows. Of that amount, BlackRock’s IBIT accounted for $98.89 million, according to data from SoSoValue.
Other large inflows were Bitwise’s BITB with $17.41 million and Fidelity’s FBTC with $16.80 million. Bitcoin ETFs have amassed more than $390 million in inflows thus far this week.
Read more: BNY Mellon Bitcoin ETF Custody Service Now Exempted From SAB 121
Ether ETFs Return to Positive Flows After Monday’s Outflows
Following the large outflows on Monday, spot Ether ETFs returned to positive ground with 62.51 million dollars in net inflows on Tuesday. BlackRock’s ETHA led contributions with 59.25 million dollars.
The other contributors of the inflows were VanEck’s ETHV and Invesco’s ether ETF at 1.94 million dollars and 1.32 million dollars, respectively. The total trading volume for Ether ETFs went up to 180.42 million dollars.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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