Bitcoin ETFs attract $66.19 million for ninth straight day as BlackRock leads inflows

  • Bitcoin ETFs attracted $66.19 million Tuesday, extending their inflow streak to nine consecutive days.
  • BlackRock led Tuesday’s inflows with $51.09 million.
  • Eric Balchunas previously described recovering inflows amid negative sentiment and rising bond yields.

Bitcoin ETFs attracted $66.19 million on Tuesday, extending their inflow streak to nine consecutive days despite a slowdown from last week’s surge. BlackRock accounted for $51.09 million of the total. The continued inflows indicate steady institutional interest while Bitcoin prices have risen gradually amid negative crypto-market sentiment, a setback for the CLARITY Act and rising bond yields. Bloomberg ETF analyst Eric Balchunas said the resilience could frustrate investors betting against Bitcoin and potentially prolong a period of reduced market activity, while emphasizing that assessment was his personal view.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.