Bitcoin ETFs Soar with $159.5M Inflows Amid BTC Price Recovery
US-based Bitcoin exchange-traded funds (ETFs) saw $159.5 million in net inflows after two days of heavy outflows, coinciding with a price recovery above $77,000 for BTC.
The rebound was led by BlackRock's iShares Bitcoin Trust, which attracted $183.7 million, while Fidelity's FBTC experienced withdrawals during the same period.
Despite the positive inflows, the three-day net flow remains negative at around $586.8 million, indicating ongoing volatility in the market.