Spot bitcoin ETFs recorded their third-highest inflows on Tuesday, including greater than $870 million. Complete buying and selling volumes crossed $4.75 billion — the best since March — with BlackRock’s IBIT accounting for $3.3 billion alone. Bloomberg ETF analyst Eric Balchunas stated he expects greater influx figures within the coming days. “$IBIT traded $3.3b at this time, largest quantity in 6mo, which is a bit odd bc btc was up 4% (usually ETF quantity spikes in a downturn/disaster),” Balchunas wrote on X. “Often tho quantity can spike if there a FOMO-ing frenzy. Given the surge in value previous few days, my guess is that is latter, which implies search for large inflows this week.”
