Spot Bitcoin ETFs Gain $411M as Goldman Files ETF Plan
Spot Bitcoin ETFs saw $411.5 million in inflows as Goldman Sachs filed for a Bitcoin-linked ETF.Summary
US-listed spot Bitcoin ETFs experienced a significant rebound on Tuesday, recording $411.5 million in inflows, the second-largest daily amount in April. This surge has pushed year-to-date net flows to approximately $245 million, with total assets under management exceeding $96.5 billion.
The positive momentum is driven by Goldman Sachs filing with US regulators to launch a Bitcoin-linked ETF, marking a shift from its previous critical stance on the asset. BlackRock's iShares Bitcoin Trust (IBIT) led the inflows with $214 million, while Morgan Stanley's MSBT continued its five-day inflow streak.
The upward trend extended to altcoin ETFs, including Ether, XRP, Solana, and Dogecoin. During this period, Bitcoin also reached a multi-week high, briefly climbing above $75,000.
(Source：Cointelegraph)