On Wednesday, Bitcoin ETFs had another positive day, recording a total of $39.42 million in inflows. This follows a strong start to the week, with Monday and Tuesday bringing in $150.02 million already.
Six ETFs recorded inflows, while one had outflows. The rest of the funds had no activity for the day.
BlackRock’s IBIT continued to attract significant interest, with $8.35 million in inflows, adding to the $148.11 million accumulated on Monday and Tuesday. Fidelity’s FBTC followed closely with $10.69 million in inflows, while Bitwise added $10.00 million. Franklin Templeton’s EZBC brought in $3.55 million, and Invesco’s BTCO saw $2.46 million in inflows. Grayscale’s BTC fund led the pack with $14.20 million.
Grayscale’s GBTC was the only ETF to record outflows, with $9.82 million exiting the fund.
The ETFs from VanEck, ARK, Valkyrie, and WisdomTree remained neutral, showing no activity for the day.
At the time of writing, Bitcoin is priced at $60,755 after it had surged to above $61,000 following U.S. data released on the internal job market, as well as speculation on John F. Kennedy Jr. leaving the U.S. electoral race and backing Donald Trump this week.
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