Bitcoin ETFs Pull in $258M as Institutions Dump 25,000 BTC in Q4
U.S. spot Bitcoin exchange-traded funds recorded $257.7 million in inflows on Tuesday, marking the largest single-day total since early February.
The figure more than offset Monday's $203.8 million in outflows, pushing weekly flows back into positive territory.
Fidelity's Fidelity Wise Origin Bitcoin Fund (FBTC) led the day's inflows with nearly $83 million, followed by BlackRock's iShares Bitcoin Trust ETF (IBIT) with $79 million.
The gains broke a prolonged stretch of redemptions, following five consecutive weeks of net outflows totaling $3.8 billion.