US spot Bitcoin ETFs yesterday posted their fifth consecutive day of net inflows, totaling $105.84 million.
BlackRock's IBIT posted daily inflows of $184.38 million, according to SoSoValue data. The only other fund with inflows on Wednesday was Bitwise's BITB, which took in $2.07 million.
However, there were also some funds that experienced net outflows. Ark Invest and 21Shares' ARKB saw outflows of $47.41 million, while Fidelity's FBTC had outflows of $33.19 million.
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The remaining eight funds, including Grayscale's GBTC, saw no activity on the day.
On Wednesday, spot Bitcoin funds saw trading volume of $795.88 million, up from $1.11 billion on Tuesday.
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In addition, spot Ether ETFs also saw net inflows on Wednesday, totaling $43.23 million.