Bitcoin ETF Inflows Soar $517M Amid Crypto Market Rebound

Bitcoin ETFs in the US posted $517.19 million in net inflows on Wednesday, their strongest day since early May.

The surge came as the broader crypto market staged a notable rebound, with major tokens climbing on renewed optimism around liquidity conditions and regulatory developments.

Institutional allocators drove the largest inflows in months, led by BlackRock's IBIT with $284.7 million, followed by Ark & 21Shares' ARKB with $77.7 million, and Fidelity's FBTC with $62.4 million.

Analysts attributed the sizable allocations to improving macro conditions and fresh regulatory signals that helped lift Bitcoin above $69,000 and Ether past $2,000 for the first time in two months.