Bitcoin ETFs Pull in $258M as Institutions Sold 25,000 BTC in Q4
U.S. spot
$BTC exchange-traded funds recorded $257.7 million in inflows on Tuesday, marking the largest single-day total since early February, according to SoSoValue data. The figure more than offset Monday's $203.8 million in outflows, pushing weekly flows back into positive territory.
Tuesday's rebound came as
$BTC recovered modestly to around $65,000 following a sustained period of selling pressure. The broader market context remained cautious, with analysts estimating that approximately 9 million
$BTC, or 45% of the circulating supply, are currently held at a loss by their owners.
Fidelity's Fidelity Wise Origin Bitcoin Fund (FBTC) led the day's inflows with nearly $83 million, followed by BlackRock's iShares Bitcoin Trust ETF (IBIT) with $79 million, according to Farside data. The gains broke a prolonged stretch of redemptions, following five consecutive weeks of net #outflows totaling
$3.8 billion.
