Bitcoin ETF inflows reach $1.7 billion over three-day streak

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a significant surge in capital, reporting net inflows totaling $1.71 billion over a three-day period ending Wednesday. Wednesday alone saw $843.6 million in inflows, the highest daily total since October 7, surpassing Tuesday's three-month high of $754 million. Major contributors included BlackRock's IBIT with $648 million and Fidelity's FBTC with $125.4 million, alongside positive flows for several other ETFs. Analysts view this as a resurgence of institutional demand, suggesting investors are reallocating capital after year-end caution. Furthermore, spot Ethereum ETFs also saw their third consecutive day of inflows ($175 million), alongside positive flows for Solana and XRP ETFs. Sustained inflows are expected to create a structural tailwind for crypto prices.

(Source：The Block)