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Renewed Interest in Bitcoin ETFs

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Exchange-traded funds (ETFs) for spot Bitcoin traded in the US recorded a net inflow for the third consecutive day, indicating a revival in investor interest.

While spot Bitcoin exchange-traded funds (ETFs) in the US saw a net inflow for the third day in a row, the series of outflows in spot Ether ETFs continued. Recent data shows a renewed increase in investor interest in Bitcoin ETFs, whereas Ether ETFs maintain a negative trend.

NET INFLOW FOR BITCOIN ETFs OVER THREE DAYS: 209 MILLION DOLLARS
According to SoSoValue data, US spot Bitcoin ETFs recorded a total net inflow of 209 million dollars on Tuesday. This marks the longest positive inflow streak since the beginning of February. In particular, BlackRock’s IBIT fund stood out as the most heavily invested ETF with a net inflow of 218.12 million dollars. However, the fund jointly managed by Ark Invest and 21Shares experienced a net outflow of 9 million dollars. There were no reported net inflows or outflows for the other 10 Bitcoin ETFs during the day.

This recovery in Bitcoin ETFs comes after a five-week consecutive outflow wave. During this period, there was a total outflow of 5.4 billion dollars. However, the net inflow of 274.6 million dollars seen at the beginning of the week was recorded as the largest single-day inflow since February 4. So far this week, Bitcoin ETFs have attracted 483.7 million dollars in investments.

Cryptocurrency Analyst Rachael Lucas from BTC Markets attributed this increase to quarter-end corporate portfolio rebalancing and Bitcoin’s price stability.

On Tuesday, a total trading volume of 2.12 billion dollars was generated in 12 spot Bitcoin ETFs. As a result, cumulative net inflows for Bitcoin ETFs traded in the US reached 35.79 billion dollars.

10TH DAY OF OUTFLOWS FOR ETHER ETFs
Despite the positive trend in Bitcoin ETFs, spot Ether ETFs recorded a net outflow for the tenth consecutive day. This marks the longest outflow streak seen since the launch of the funds in July 2024.

BlackRock’s ETHA fund experienced a net outflow of 40.17 million dollars.

Grayscale’s Mini Ethereum Trust reported a negative flow of 9.33 million dollars.

Fidelity’s FETH ETF also saw a net outflow of 3.32 million dollars.

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