Good news is coming from the crypto market. According to the latest data, US Bitcoin spot ETFs saw approximately $355 million in net inflows on Tuesday, successfully breaking a seven-day streak of outflows — this turning point is worth noting.
Among the 12 Bitcoin spot ETFs, none experienced outflows, all showing net inflows. The most notable is BlackRock's IBIT fund, which attracted about $143 million in a single day, accounting for nearly 40%.
Ethereum's performance is equally impressive. The US Ethereum spot ETF had a net inflow of $67.84 million yesterday, with all five participating funds showing positive flows. Grayscale's ETHE fund was the main driver, contributing $50.19 million in inflows.
Regarding other cryptocurrencies, the situation varies. Solana spot ETFs (8 products) had a total inflow of $5.21 million; XRP spot ETFs (5 products) attracted $15.55 million; DOGE spot ETFs (2 products) saw inflows of $288,000. Notably, Grayscale's LINK ETF, Canary's Litecoin ETF, and Hbar ETF had no fund inflows or outflows.
Behind this reversal, it may reflect institutional investors' reassessment of the fundamentals of mainstream cryptocurrencies.
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AirdropHustler
· 7h ago
After the hackathon, they started accumulating again. Institutions really know how to pick the right timing.
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BlockchainTherapist
· 7h ago
Finally, the opportunity to turn things around has arrived. The previous seven days were really tough.
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BuyTheTop
· 7h ago
Institutions are really back, IBIT reaches 143 million in a day, and BlackRock's move is extraordinary.
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GateUser-6bc33122
· 7h ago
Finally rebounded, I was almost hopeless.
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SignatureCollector
· 8h ago
BlackRock IBIT absorbs 140 million a day, this is true institutional entry!
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TestnetNomad
· 8h ago
Damn, finally no more drops, the sense of redemption after 7 days of heavy losses
Good news is coming from the crypto market. According to the latest data, US Bitcoin spot ETFs saw approximately $355 million in net inflows on Tuesday, successfully breaking a seven-day streak of outflows — this turning point is worth noting.
Among the 12 Bitcoin spot ETFs, none experienced outflows, all showing net inflows. The most notable is BlackRock's IBIT fund, which attracted about $143 million in a single day, accounting for nearly 40%.
Ethereum's performance is equally impressive. The US Ethereum spot ETF had a net inflow of $67.84 million yesterday, with all five participating funds showing positive flows. Grayscale's ETHE fund was the main driver, contributing $50.19 million in inflows.
Regarding other cryptocurrencies, the situation varies. Solana spot ETFs (8 products) had a total inflow of $5.21 million; XRP spot ETFs (5 products) attracted $15.55 million; DOGE spot ETFs (2 products) saw inflows of $288,000. Notably, Grayscale's LINK ETF, Canary's Litecoin ETF, and Hbar ETF had no fund inflows or outflows.
Behind this reversal, it may reflect institutional investors' reassessment of the fundamentals of mainstream cryptocurrencies.