U.S. spot Bitcoin ETFs experienced a significant inflow of $457 million on Tuesday, marking the largest single-day inflow in over a month. The majority of this capital was directed towards leading funds such as those managed by Fidelity and BlackRock. This influx has pushed total net inflows to over $57 billion, with assets under management (AUM) surpassing $112 billion.
Analysts attribute this surge to an improved risk appetite among investors and expectations of more accommodative U.S. financial conditions. The substantial inflow underscores continued confidence in the cryptocurrency market, as investors increasingly turn to Bitcoin ETFs to gain direct exposure to the digital asset's price movements.
U.S. Spot Bitcoin ETFs Attract $457 Million Inflow, Largest in Over a Month
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