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Renewed Interest in Bitcoin ETFs

Spot Bitcoin ETFs traded in the US recorded a net inflow for the third consecutive day, indicating a revival of investor interest.

While spot Bitcoin exchange-traded funds (ETFs) in the US saw a net inflow for the third consecutive day, the series of outflows continued for spot Ether ETFs. According to recent data, investor interest in Bitcoin ETFs is on the rise again, while Ether ETFs continue to show a negative trend. BITCOIN ETFs WITH THREE-DAY INFLOWS: $209 MILLION

According to data from SoSoValue, US spot Bitcoin ETFs recorded a total net inflow of $209 million on Tuesday. This marks the longest positive inflow series since the beginning of February. In particular, BlackRock’s IBIT fund stood out as the ETF with the highest investor interest with a net inflow of $218.12 million.

In contrast, the fund jointly managed by Ark Invest and 21Shares experienced a net outflow of $9 million. There were no reported net inflows or outflows for the other 10 Bitcoin ETFs throughout the day.

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

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

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

ETHER ETFs SEE 10TH DAY OF OUTFLOWS DESPITE POSITIVE TREND IN BITCOIN 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 series seen since the launch of the funds in July 2024.

BlackRock’s ETHA fund saw a net outflow of $40.17 million.

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

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

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