Bitcoin ETFs Bounce Back Amid Market Optimism
Pulse of the market
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US spot Bitcoin ETFs saw $102.58 million in net inflows on Tuesday, rebounding after a $326 million outflow the day before. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led gains with $132.67 million, while BlackRock’s iShares Bitcoin Trust (IBIT) posted a modest $30.79 million outflow.
Total net assets across all Bitcoin ETFs now reach $153.55 billion, accounting for 6.82% of Bitcoin’s market cap. Analysts attribute the renewed inflows to optimism surrounding upcoming Fed policy shifts and easing market liquidity.