US spot Bitcoin ETFs experienced significant inflows on Wednesday, totaling $462 million, as Bitcoin briefly surpassed the $73,000 mark. This marks the third consecutive day of net buying, bringing the weekly total to approximately $1.1 billion. The inflows follow a period of substantial outflows earlier in the year, highlighting a shift in investor sentiment towards regulated crypto exposure.
BlackRock's iShares Bitcoin Trust ETF led the inflows with $307 million, followed by Fidelity's Wise Origin Bitcoin Fund with $48 million, and Grayscale's Bitcoin Mini Trust with $32 million. Ether funds also saw renewed interest, drawing $169 million in inflows. The Crypto Fear & Greed Index rose by 12 points, indicating a modest improvement in market sentiment, although it remains in the Fear territory.
Bitcoin ETFs Attract $462M as BTC Surges Past $73,000
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