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<a href="https://optimisus.com/news/crypto-news/spot-bitcoin-etfs-in-the-us-sees-a-significant-surge-in-june/" rel="noopener noreferrer nofollow">The US bitcoin exchange-traded funds (ETFs)</a> saw a notable reversal on Tuesday, with $31 million in net inflows. This marked a departure from the previous trend of seven consecutive days of withdrawals from the 11 monitored funds.  
Fidelity's FBTC demonstrated robust investor confidence by leading the way with $49 million in net inflows. BITB, a cryptocurrency managed by Bitwise, experienced an influx of $15 million, while HODL, a cryptocurrency managed by VanEck, also had a positive net inflow of $4 million.  
Grayscale's GBTC had a loss of $30.3 million in net inflows, indicating its ongoing difficulties. Both Ark Invest and 21Shares' ARKB experienced a decrease in net funds of $6 million.  
On Tuesday, BlackRock's IBIT, the most significant bitcoin fund in terms of net asset value, did not see any increase or decrease in the amount of money invested, despite a huge daily trading volume of $1.1 billion. In addition, Invesco, Galaxy Digital, Valkyrie, and Franklin Templeton also reported no inflows of funds.  
Since their inception in January, the 11 spot bitcoin funds have gathered a cumulative net inflow of $14.42 billion. This indicates a growing investor appetite for bitcoin ETFs despite recent losses.  
US issuers are getting ready to introduce spot ether ETFs after receiving a positive reaction from the Securities and Exchange Commission (SEC) in the previous month.  
Eric Balchunas, a senior analyst specializing in exchange-traded funds (ETFs) at Bloomberg, forecasts that Ethereum ETFs focused on the current market price might be introduced as soon as next week, creating substantial enthusiasm in the market.  
The imminent introduction of spot ether ETFs brings anticipation and the possibility of expansion to the market, as regulatory approvals advance and analysts forecast significant influxes of funds. With the upcoming launch of spot ether ETFs, U.S. issuers are getting ready for a significant transformation in the market.

US spot Bitcoin ETFs see a rebound with $31 million in net inflows after seven days of outflows

Optimisus

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