US spot Bitcoin exchange-traded funds (ETFs) recorded a significant capital inflow on Tuesday, with a daily net inflow of $422 million, the largest inflow since June 5. This extended the positive streaming streak to eight consecutive days.
Largest Net Inflow into US Spot Bitcoin ETFs Since Early June Was $422 Million
BlackRock's iShares Bitcoin Trust (IBIT) saw the largest net inflow since June 6 at $260.23 million. The ETF also experienced strong trading volume of approximately $1.02 billion on Tuesday, according to SoSoValue data.
Fidelity's FBTC followed closely behind with $61.05 million in inflows. Ark Invest and 21Shares' ARKB attracted $29.85 million, while VanEck's HODL brought in $22.04 million.
Other notable inflows included Invesco and Galaxy Digital's spot Bitcoin fund at $20.54 million and Bitwise's BITB at $17.34 million. Franklin Templeton and Valkyrie's ETFs also attracted funds.
In contrast, Grayscale's recently converted GBTC fund reported zero flows, and neither fund recorded net outflows on Tuesday.
The total transaction value of US spot bitcoin funds reached $1.76 billion on Tuesday. Since their launch in January, these ETFs have accumulated a combined net inflow of $16.53 billion.
At the time of writing, Bitcoin price was trading at $65,600, up 1.60% in the last 24 hours.
*This is not investment advice.
