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Led by FBTC, spot bitcoin ETFs see net inflows of nearly $66 million

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Led by Fidelity's FBTC, spot bitcoin exchange-traded funds in the United States saw nearly $66 million in spot inflows yesterday.

Spot bitcoin exchange-traded funds in the United States saw nearly $66 million in total net inflows yesterday — pushing the products' cumulative total net inflow since their listings to nearly $11.75 billion.

The Bitwise Bitcoin ETF and VanEck Bitcoin Trust ETF also brought in $20 million and $7 million, respectively. Though yesterday saw spot bitcoin ETF volumes pick up to their highest level since the start of the month, the overall trend is still down, as illustrated by data from The Block's Data Dashboard.

 

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