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<p>US spot Bitcoin ETFs reported a massive net inflow of $870 million on Tuesday, their largest single-day inflows since early June.</p>
<h3 id="blackrock-s-ibit-posts-largest-daily-inflow-for-us-spot-bitcoin-etfs-since-june">BlackRock's IBIT Posts Largest Daily Inflow for US Spot Bitcoin ETFs Since June</h3>
<p>BlackRock's IBIT ETF recorded net inflows of $642.87 million, the highest in more than seven months.</p>
<p>The IBIT ETF also reached $3.36 billion on Tuesday, its highest daily trading volume since March 14.</p>
<p>Other major spot bitcoin ETFs saw notable inflows:</p>
<ul>
 <li>Fidelity's FBTC: $133.86 million</li>
 <li>Bitwise's BITB: $52.49 million</li>
 <li>VanEck's HODL: $16.52 million</li>
 <li>Ark and 21Shares’ ARKB: $12.39 million</li>
</ul>
<p>The remaining five spot Bitcoin ETFs reported no inflows, bringing the total trading volume of the 12 ETFs to $4.75 billion, up from $3 billion on Monday.</p>
<h3 id="analyst-comments-on-ibit-s-volume-increase">Analyst Comments on IBIT's Volume Increase</h3>
<p>Bloomberg ETF senior analyst Eric Balchunas commented on the unusual increase in IBIT’s trading volume. In a post on X, Balchunas noted that ETF trading volumes typically increase during market declines or crises.</p>
<p>However, he suggested that the current volatility could be driven by FOMO (fear of missing out) as Bitcoin prices surge.</p>
<p>“Given the price increase over the last few days, my guess is that it is the latter, We expect larger inflows this week, we will see though!” Balchunas wrote.</p>
<p>Bitcoin's price rose 2.21% in the past 24 hours to $72,471 after reaching $73,600 on Tuesday. Ethereum also gained 1.02% to $2,643.</p>
<h3 id="ethereum-etfs-record-positive-flows">Ethereum ETFs Record Positive Flows</h3>
<p>On the Ethereum side, spot Ethereum ETFs reported net inflows of $7.65 million on Tuesday. The standout performer was BlackRock’s ETHA, which attracted $13.62 million in new investments.</p>
<p>Meanwhile, Grayscale’s ETHE saw $5.97 million in outflows, while the other seven Ethereum ETFs recorded no activity. Total trading volume across the nine Ethereum ETFs rose to $280.55 million from $187.49 million on Monday.</p>
<p>*This is not investment advice.</p>
<p><b> Continue Reading: <a href="https://en.bitcoinsistemi.com/blackrock-wind-in-us-spot-bitcoin-etfs-giant-company-recorded-entry-here-are-the-details/" rel="noopener noreferrer nofollow">BlackRock Wind in US Spot Bitcoin ETFs! Giant Company Recorded Entry! Here Are the Details</a></b></p>

BlackRock Wind in US Spot Bitcoin ETFs! Giant Company Recorded Entry! Here Are the Details

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