U.S. spot Bitcoin ETFs recorded $626 million in net inflows over three consecutive sessions, including $244.4 million on Wednesday alone. BlackRock’s iShares Bitcoin Trust (IBIT) attracted $479 million, capturing over 76% of total inflows and pushing its cumulative flows to $60.96 billion since launch. Bitcoin trades around $64,744 while the Crypto Fear & Greed Index stands at 25 points, deep in « extreme fear » territory. This divergence between ETF flows and market sentiment suggests net demand for regulated vehicles despite weak crypto investor morale. Ether spot ETFs also saw $60.9 million in inflows on Wednesday, while XRP ETFs recorded $3.58 million in outflows.
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