On Wednesday, Bitcoin regained some ground, climbing 2.5% over the past 24 hours to trade at $95,500 at the time of writing. This recovery coincided with a positive day for Bitcoin ETFs in the United States, as the 11 combined funds recorded inflows of $103.09 million, according to data from SoSoValue.
Among the funds, Bitwise’s BITB stood out, attracting $48.05 million in inflows. Fidelity’s FBTC followed with $40.24 million, while Grayscale’s BTC brought in $11.99 million. Franklin & Templeton’s EZBC fund also contributed to the positive trend, with $2.81 million in inflows.
Meanwhile, the remaining funds, including BlackRock’s IBIT, did not record any inflows or outflows for the day. This stability reflects a calmer trading environment after the previous day’s losses.
As Bitcoin continues to hover around its recent highs, ETF inflows are an important indicator of investor sentiment, offering insights into market dynamics and institutional interest.
Keep following along as we track these trends daily here at HowToBuyBitcoin.org.