US spot bitcoin ETFs score $31 million in net inflows after outflow streak

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US spot bitcoin ETFs score $31 million in net inflows after outflow streak
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Fidelity’s FBTC led net inflows on Tuesday with $49 million, followed by Bitwise’s BITB reporting $15 million in inflows.

Spot bitcoin exchange-traded funds in the U.S. returned to net inflows on Tuesday, drawing in a total of $31 million. This follows seven consecutive trading days of net outflows from the 11 bitcoin funds.

On the other hand, Grayscale’s GBTC saw net outflows of $30.3 million. Ark Invest and 21Shares’ ARKB reported $6 million in net outflows. The 11 spot bitcoin funds, which debuted in January, have accumulated a total net inflow of $14.42 billion as of Tuesday.

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