Bitcoin ETF Inflows Reach $2.65B as Price Dips Below $84K

US spot Bitcoin exchange-traded funds (ETFs) continued their winning streak on Wednesday, adding $347 million in net inflows as the price of Bitcoin dipped below $84,000.

This brings the total inflows to $2.65 billion over five trading sessions through Wednesday, with BlackRock's iShares Bitcoin Trust (IBIT) leading the charge with $166 million in inflows, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $143 million.

US spot Ether ETFs also drew around $105 million on Wednesday, marking their fourth consecutive day of net inflows and lifting cumulative inflows to $13.8 billion.

The price of Bitcoin has been volatile in recent days, trading at $83,743 at the time of publication, down 2.7% over 24 hours but up 9.5% over seven days.