Spot Bitcoin ETF flows turn positive this week as Grayscale’s GBTC outflows slow

Spot Bitcoin ETF flows turn positive this week as Grayscale’s GBTC outflows slow

This week’s flows into the combined U.S. spot Bitcoin exchange-traded funds turned positive on Wednesday, eclipsing the net outflows witnessed on Monday. Wednesday’s $113.5 million worth of net inflows, following the $40.3 million added on Tuesday, were enough to surpass the $87.5 million in net outflows registered on Monday, according to CoinGlass data. Fidelity’s FBTC spot Bitcoin ETF led yesterday’s inflows, adding $116.7 million, with BlackRock’s usually dominant IBIT fund second, bringing in $42 million. Bitwise’s BITB product came third …