Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

U.S. Spot Bitcoin ETFs See Strong $562M Inflows As Markets Recover

13h ago
bullish:

0

bearish:

0

Share

U.S  spot Bitcoin exchange-traded funds (ETFs) have recorded a strong return of investor interest as total net inflows reached almost $570 million, according to data from SoSoValue. The latest inflow came amid a broader crypto market showing signs of recovery, with Bitcoin leading the way.

Among all U.S. spot Bitcoin ETFs, Fidelity’s FBTC stood out. The fund recorded the largest single-day net inflow, pulling in $153 million. As a result, FBTC became the top-performing Bitcoin ETF. This highlights growing confidence from institutional and long-term investors. Other products also recorded remarkable numbers, contributing to the overall inflow.

Ethereum Lags Behind Bitcoin in ETF Demand

The rise in inflows in Bitcoin ETFs suggests that investors may be returning after a period of market turbulence that led to massive liquidity and sudden sell-offs. Interestingly, many traders are now repositioning their portfolios as market sentiment improves. Meanwhile, crypto analysts and crypto enthusiasts believe BTC may hit $100,000.

Like Bitcoin ETFs, Ethereum-product ETFs did not attract inflows. Spot Ethereum ETFs recorded net inflows of almost $3 million on the same day. While the outflows were relatively small compared with Bitcoin inflows, they suggest a more cautious approach by investors toward Ethereum in the short term.

Bitcoin Continues to Dominate ETF Investor Interest

Meanwhile, Solana spot ETFs showed modest but positive performance. These ETFs recorded total net inflows of $5.58 million, signaling steady interest in the Solana ecosystem. Although the figure is much lower than Bitcoin’s inflows, it reflects continued investor confidence in the network’s long-term potential. Even its network has become one of the busiest in recent times.

XRP spot ETFs, however, experienced slight pressure. The product posted total net outflows of $0.40 million. While the number is small, it shows that some investors may still be hesitant due to market volatility surrounding the asset. The crypto asset trades at $1.61, representing a 1.6% increase in the last few hours.

Overall, the recent ETF data shows that Bitcoin remains the top choice for investors seeking exposure, while interest in other digital assets remains mixed. As market performance increases, investors anticipate more inflows. As of the time of writing, BTC trades at over $78,630, according to CoinGecko.

The post U.S. Spot Bitcoin ETFs See Strong $562M Inflows As Markets Recover appeared first on CoinTab News.

13h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.