Bitcoin price rally sparks record ETF inflows of over $1B

The 10 US spot bitcoin ETFs collectively shattered its daily net inflow record Tuesday as more than $1 billion of investor assets entered the funds. 

BlackRock’s iShares Bitcoin Trust (IBIT) was again the category standout, notching an all-time high daily inflow total of $849 million, according to BitMEX Research data. 

The Ark 21Shares Bitcoin ETF (ARKB) and the VanEck Bitcoin Trust contributed above-average flows of $93 million and $83 million, respectively. 

The boost for VanEck’s product comes after the company said it would waive its 0.20% sponsor fee on the first $1.5 billion of fund assets until March 31, 2025.

Grayscale Investments’ Bitcoin Trust ETF (GBTC), which has…

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