Bitcoin ETFs break a 6-week stagnation with a $300 million influx in a day. Fidelity's FBTC leads in gains. Ethereum ETFs continue downward trend despite Bitcoin's positive momentum.
Bitcoin Exchange-Traded Funds (ETFs) saw their best performance in the past 6 weeks on Tuesday. Nearly $300 million in new capital entered these funds in a day, which has been unprecedented since February 4. This came after weeks of stagnation in the Bitcoin ETF market due to Trump’s economic policies and inflation concerns in the United States leading to capital outflows. Only 7 out of 28 trading days for these funds have been positive since the beginning of February. Among them, Fidelity’s ETF (FBTC) gained the most with $127.3 million, followed by ARK Invest’s ARKB with $88.5 million and BlackRock’s IBIT with $42.3 million.
