On Tuesday, Bitcoin came within reach of its all-time high, touching $73,544 as the U.S. Bitcoin ETFs continued to show strong buying interest. The 11 Bitcoin-focused funds in the U.S. market collectively brought in a net inflow of $870.02 million, signaling continued enthusiasm from investors as Bitcoin edges toward previous highs.
Among the ETFs, BlackRock’s IBIT fund led the inflows, gathering a remarkable $642.87 million. Fidelity’s FBTC followed, adding $133.86 million, while Bitwise’s BITB fund recorded a steady $52.49 million. ARK Invest’s ARKB fund brought in $12.39 million, and VanEck’s HODL added $16.52 million. Grayscale’s BTC fund, not to be confused with the more traditional GBTC, also saw inflows, totaling $29.20 million.
However, the day wasn’t without outflows. Grayscale’s GBTC was the only ETF to record an exit, with $17.30 million flowing out. Other funds, including Invesco’s BTCO, Valkyrie’s BRRR, Franklin Templeton’s EZBC, and WisdomTree’s BTCW, saw no movement in inflows or outflows for the day.
At the time of writing, Bitcoin was trading at $72,350 according to CoinMarketCap data, maintaining its recent upward trend and fueling ongoing interest in Bitcoin ETFs.