US spot Bitcoin exchange-traded funds (ETFs) posted net inflows for the third day in a row on Tuesday, signaling renewed investor confidence in BTC-based investment products.
US Spot Bitcoin ETFs Record Net Inflows for Third Day in a Row, Ethereum ETFs Extend Outflow Streak
According to SoSoValue data, there were a total of $209 million in net daily inflows into U.S. spot Bitcoin ETFs, the longest positive streak since early February. The inflows came after a difficult period in which $5.4 billion left Bitcoin ETFs, marking five consecutive weeks of net outflows.
BlackRock’s IBIT Leads Inflows
BlackRock’s IBIT, the largest spot Bitcoin ETF by assets under management, dominated inflows on Tuesday with $218.12 million. However, these gains were partially offset by $9 million in net outflows from Ark Invest & 21Shares’ ETF, while the remaining ten Bitcoin ETFs recorded zero inflows.
The latest pullback follows Monday’s net inflow of $274.6 million, the highest single-day gain since Feb. 4. In total, Bitcoin ETFs have attracted inflows of $483.7 million this week.
Analysts suggest that institutional portfolio rebalancing and BTC price stability contributed to this shift.
Trading volume across 12 spot Bitcoin ETFs as of Tuesday totaled $2.12 billion, bringing cumulative net inflows for these funds to $35.79 billion since their launch.
Ethereum ETFs Face Long-Term Outflows
While Bitcoin ETFs gained momentum, U.S. spot ether ETFs saw net outflows for the tenth consecutive day, the longest negative streak since their inception in July 2024.
BlackRock’s ETHA led the decline with $40.17 million in outflows, followed by Grayscale’s Mini Ethereum Trust with $9.33 million in outflows, while Fidelity’s FETH reported a net outflow of $3.32 million.
*This is not investment advice.
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