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Crypto

Bitcoin ETFs Smash Records with $244M Inflow Day

Guavy AI Editorial Team
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BTC
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US-listed spot Bitcoin exchange-traded funds (ETFs) saw significant net inflows on Wednesday, attracting $244.4 million in a single day.

This brings the three-day total to $626 million, with BlackRock's iShares Bitcoin Trust ETF (IBIT) leading the gains at $479 million over this period.

The cumulative net inflows for IBIT now stand at nearly $61 billion, according to Farside Investors data.

Bitcoin itself briefly climbed above $64,920 on Wednesday before trading at $64,744.53 at publication, up 0.7% from the previous day, as per CoinGecko.

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