U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%
U.S. spot bitcoin ETFs recorded their largest net inflows in over a month, totaling $457.3 million, as BTC dominance reached 60%.Summary
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their highest net inflows since November 11, totaling $457.3 million on Wednesday, despite significant volatility in the crypto market where Bitcoin briefly neared $90,000 before dropping below $86,000. The Fidelity Wise Origin Bitcoin Fund (FBTC) accounted for the majority of this capital, receiving $391.5 million, marking a top-five inflow day for the fund, while BlackRock’s iShares Bitcoin Trust (IBIT) also saw $111.2 million in inflows. Concurrently, Bitcoin's dominance—its share of the total crypto market cap—climbed to 60%, the highest level since mid-November. Market volatility is anticipated to continue due to upcoming macroeconomic events, including expected interest rate decisions from the Bank of England and the European Central Bank, alongside inflation data releases from the U.S. and Japan.
(Source：CoinDesk)