On Tuesday, Bitcoin kept its upward momentum, surpassing the $67,000 mark. Following Monday’s strong performance with $555 million in inflows, Bitcoin ETFs had another solid day, bringing in $371.02 million on Tuesday, as per SoSoValue data. For the second consecutive day, there were no outflows, meaning no funds sold any Bitcoin, which points to a positive sentiment in the market.
The biggest buyer on Tuesday was BlackRock’s IBIT fund, adding $288.84 million worth of Bitcoin to its holdings. This continued the trend from Monday, where IBIT led the charge, indicating strong interest from one of the largest asset managers in the world.
Other funds saw smaller, yet steady, inflows throughout the day. Fidelity’s FBTC recorded $35.03 million, while Ark Invest’s ARKB added $14.68 million. Grayscale’s BTC fund brought in $13.36 million, and its GBTC counterpart followed with $7.99 million. VanEck’s HODL ETF also attracted $7.56 million, while WisdomTree’s BTCW and Bitwise’s BITB rounded off the day with $2.84 million and $0.7 million, respectively.
Notably, three funds did not make any Bitcoin purchases on Tuesday. Franklin and Templeton’s EZBC, Invesco’s BTCO, and Valkyrie’s BRRR funds remained on the sidelines, recording no inflows for the day.