Bitcoin spot ETFs recorded their largest inflows in over two weeks, totaling $192.5 million. This propelled Bitcoin back above $60,000 after a dip below $50,000 amid a global market selloff.
BlackRock iShares Bitcoin Trust (IBIT) led the bounce back with $157.6 million inflows, while WisdomTree Bitcoin Trust (BTCW) attracted $118.5 million, marking its largest single-day haul since launch.
The surge in inflows showcases renewed interest in Bitcoin after recent selling pressure. This recovery suggests the selloff may have been a temporary setback, with bulls eyeing all-time highs above $73,000.
BTCW, previously struggling to exceed $11 million in daily inflows, outperformed with its $118.5 million haul. This strong performance marks a potential turning point for the trust.
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