US spot Bitcoin ETF flows turned green on Tuesday, with Fidelity and BlackRock leading gains despite persistent weak market sentiment.
Flows into US spot Bitcoin exchange-traded funds turned positive Tuesday as the price of Bitcoin attempted a modest recovery to $65,000, snapping a run of daily redemptions.
Spot Bitcoin (BTC) ETFs recorded $257.7 million in inflows, marking the largest daily total since early February, according to SoSoValue data.
The gains more than offset Monday’s outflows of $203.8 million, pushing weekly flows back into positive territory after five consecutive weeks of net redemptions totaling $3.8 billion.
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