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XRPUSD 201124 Daily Chart

US BTC-Spot ETF Market Inflows Boost BTC Demand

Shifting focus to BTC, US BTC-spot ETF market inflows fueled BTC demand on Tuesday. According to Farside Investors:

  • ARK 21Shares Bitcoin ETF (ARKB) reported net inflows of $267.3 million. (Previous day: +$13.2 million).
  • Bitwise Bitcoin ETF (BITB) saw net inflows of $52.8 million. (Previous day: +$24.4 million).
  • Fidelity Wise Origin Bitcoin Fund (FBTC) reported net inflows of $60.0 million. (Previous day: -$175.1 million).
  • Grayscale Bitcoin Mini Trust ETF (BTC) had net inflows of $54.4 million. (Previous day: -$47.0 million).

Excluding flow data for iShares Bitcoin Trust (IBIT) and Grayscale Bitcoin Mini Trust (BTC), the US BTC-spot ETF market had $600.3 million…

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