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Danny Park

U.S. spot bitcoin ETFs log $506.5 million daily inflow after weeks of net outflows

U.S. spot bitcoin ETFs saw $506.5 million in net inflows on Wednesday, with BlackRock's IBIT alone drawing $297.4 million and no funds recording outflows. One analyst said the renewed demand points to stabilizing institutional sentiment and a cautious return to accumulation, while bitcoin and ether prices climbed alongside positive flows in Ethereum, XRP, and Solana ETFs.