Summary
- The United States Bitcoin spot ETF has reportedly turned to net inflow again after just one day.
- According to Sosovalue data, a total of $908.1 million has flowed into various ETFs in the US.
- Major ETFs like Fidelity, BlackRock, and ARK Invest led the net inflow reversal, driving the rise in Bitcoin prices.
The United States Bitcoin (BTC) spot ETF has turned to net inflow again after just one day.
According to data from Sosovalue on the 3rd (local time), $908.1 million has flowed into Bitcoin spot ETFs traded in the United States. Fidelity Bitcoin ETF ($357 million), BlackRock Bitcoin ETF ($253 million), and ARK Invest Bitcoin ETF ($222.63 million) led this net inflow reversal.
Thanks to the net inflow reversal of the US Bitcoin spot ETF, the price of Bitcoin is also on the rise. On this day, Bitcoin surpassed the $98,000 mark on the Binance Tether (USDT) market for the first time in eight days. Currently, Bitcoin is trading at around $98,100, up approximately 1.5% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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