🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
US Spot Bitcoin ETFs Record Net Inflows for the Third Consecutive Day! Is a Comeback Coming? Here are the Details
U.S. spot Bitcoin exchange-traded funds ( ETFs ) recorded net inflows for the third consecutive day on Tuesday, signaling renewed investor confidence in BTC-based investment products.
As US Spot Bitcoin ETFs Record Net Inflows for the Third Consecutive Day, Ethereum ETFs Extend Their Outflow Series
According to SoSoValue data, there was a total net inflow of 209 million dollars into US spot Bitcoin ETFs, marking the longest positive streak since the beginning of February. The inflows came after a challenging period where 5.4 billion dollars exited Bitcoin ETFs, experiencing consecutive net outflows for five weeks.
BlackRock's IBIT Leads the Way for Inflows
BlackRock's IBIT, the largest spot Bitcoin ETF by assets under management, dominated Tuesday's inflows with $218.12 million. However, these gains were partially offset by a net outflow of $9 million from Ark Invest & 21Shares' ETF, while the remaining ten Bitcoin ETFs recorded zero flows.
The latest reversal follows Monday's net inflow of $274.6 million, the highest single-day gain since February 4. In total, Bitcoin ETFs attracted $483.7 million in inflows this week.
Analysts suggest that institutional portfolio rebalancing and BTC price stability have contributed to this change.
The trading volume of Tuesday's 12 spot Bitcoin ETFs reached a total of $2.12 billion, and the cumulative net inflow for these funds has reached $35.79 billion since their launch.
Ethereum ETFs Face Long-Term Outflows
As Bitcoin ETFs gain momentum, US spot ether ETFs have recorded net outflows for the tenth consecutive day, marking the longest negative streak since their inception in July 2024.
BlackRock's ETHA led the decline with an outflow of $40.17 million, followed by Grayscale's Mini Ethereum Trust with an outflow of $9.33 million. Fidelity's FETH also reported a net outflow of $3.32 million.