US spot bitcoin ETFs report $147 million in net inflows, extending positive streak to 4 days

The U.S. spot bitcoin exchange-traded funds recorded a total daily net inflow of $147.37 million on Wednesday, marking a fourth consecutive day of positive fund flows.

Fidelity’s FBTC led inflows on Wednesday with $57.79 million, according to data from SoSoValue. This was followed by Franklin Templeton’s spot bitcoin fund, which drew in $31.66 million, its largest fund intake since early May.

BlackRock’s IBIT, the spot bitcoin fund with the largest net asset value, reported net inflows of $22.24 million yesterday, and Valkyrie's BRRR posted net inflows of $20.68 million.

Invesco and Galaxy Digital’s BTCO also reported around $9.5 million in inflows, while funds from Ark Invest and 21Shares, Bitwise and VanEck saw smaller amounts of net intake.

Grayscale’s GBTC, the second largest bitcoin ETF, was the only fund to report net outflows yesterday, worth $8.15 million.