Bitcoin ETFs Flooded with $462M as BTC Surges Past $73K
U.S. spot Bitcoin ETFs saw significant inflows on Wednesday, totaling $462 million and marking the third consecutive day of positive flows.
This brings the three-day total to $1.1 billion, according to Farside data.
The increase came as Bitcoin briefly reached $73,000, building on a recovery that started after hitting a February low near $60,000.
BlackRock's iShares Bitcoin Trust (IBIT) led the way with $307 million in inflows.
The Fidelity Wise Origin Bitcoin Fund (FBTC) followed with $48 million, and the Grayscale Bitcoin Mini Trust ETF posted $32 million.