BlackRock Leads Bitcoin ETF Inflows With $170 Million

Bitcoin ETFs saw a strong day of trading on Tuesday, pulling in over $211 million in total net inflows. BlackRock led the charge as its IBIT fund attracted $170 million from investors. This steady interest suggests that institutions remain focused on accumulating Bitcoin as the market looks for momentum.

Ether funds also found their footing again after a period of quiet activity. These products recorded $53.75 million in net inflows for the day. BlackRock is planning a 1 for 3 share split for its ETHA fund following an intake of $42 million, which could help manage share pricing and appeal to a broader range of investors.

While Bitcoin and Ether saw significant capital movement, other assets had a quieter session. Solana recorded minor gains, while XRP and HYPE stayed flat. Investors should keep a close eye on these institutional flow trends to see if the current appetite for crypto products continues through the rest of the week.