Bitcoin ETFs Log $225.2M Net Inflows Led by BlackRock's IBIT
US spot Bitcoin ETFs saw mixed trading flows on Tuesday, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) offsetting redemptions. Data from SoSoValue show net inflows of $225.2 million. Farside data put IBIT’s inflows at $322.4 million, which offset $89.3 million in outflows from Fidelity Wise Origin Bitcoin Fund (FBTC) and $28.2 million from Grayscale Bitcoin Trust ETF (GBTC).
The inflows lift this week’s total to $683.3 million, following $787.3 million in inflows last week — the first positive week after five consecutive weeks of outflows totaling nearly $4 billion. Market sentiment remained cautious; CoinGecko shows Bitcoin rebounded 5.4% over the past seven days while the Crypto Fear & Greed Index fell to 10 after briefly recovering to 14.
Ether ETFs slipped into negative territory with $10.8 million in outflows, while XRP and Solana funds recorded inflows of $7.5 million and $1 million, respectively. Geopolitical risks tied to the Middle East conflict weighed on investor sentiment.
United States
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