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⛓️ Crypto🟢 Bullish

Bitcoin ETFs pull in $462M as BTC briefly tops $73K

CoinTelegraph|Cointelegraph by Helen Partz|
Bitcoin ETFs pull in $462M as BTC briefly tops $73K
Image via CoinTelegraph
🤖AI Summary

US spot Bitcoin ETFs attracted $462 million in inflows on Wednesday, led by BlackRock's IBIT with $307 million, as Bitcoin briefly surpassed $73,000. This extends a three-day streak of positive flows totaling $1.1 billion across almost all Bitcoin ETF products.

Key Takeaways
  • BlackRock's IBIT dominated inflows with $307 million of the total $462 million.
  • Bitcoin briefly topped $73,000 during the trading session.
  • Almost all US spot Bitcoin ETFs posted positive inflows on Wednesday.
  • The three-day inflow streak has brought in a total of $1.1 billion.
  • Strong institutional demand continues to drive Bitcoin ETF adoption.
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