Spot Bitcoin ETFs in the US saw $203.1 million in net inflows Tuesday, extending a six-day streak amid Bitcoin’s rise above $65,000.
US-listed spot Bitcoin ETFs recorded $203.1 million in net inflows on Tuesday, marking the sixth consecutive session of inflows. The streak totaled about $930 million, the longest since April, as Bitcoin traded above $65,000 and briefly reached $66,700.
The funds have attracted $51.8 billion in cumulative net inflows since launch, with total net assets at $80.9 billion. However, they remain $4.84 billion in net outflows year-to-date. Bitcoin’s price rose about 2% over the past 24 hours, trading at $65,802 at publication.
Analysts noted Bitcoin needs to hold above $65,000 to $65,500 to support a sustained uptrend. The Crypto Fear & Greed Index also improved, shifting from “extreme fear” to “fear.”