US spot Bitcoin ETFs posted net inflows of $21.52 million on Wednesday, continuing the positive trend started on Tuesday.
According to SoSoValue data, Fidelity's FBTC received the largest net inflow of $19 million, while Grayscale's GBTC also recorded a positive inflow of $4 million, its first since June 5. Another fund, VanEck, recorded inflows of $3 million on Wednesday.
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However 21Shares' ARKB and ARK Invest experienced net outflows of $5 million. The remaining funds, including BlackRock, Bitwise and Valkyrie, saw zero flows.
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Since launching in January, these spot Bitcoin ETFs have collectively accumulated $14.44 billion in net inflows.