Goldman Sachs has entered the Bitcoin ETF industry. This is a major boost for US listed spot Bitcoin ETFs.
Spot BitcoinBTCTuesday marked the second largest daily inflow in April, with $411,5 million. according SoSoValue is a database of data.
Fresh inflows have pushed the total net flow for 2026 to a positive $245 million, year-to date, and total assets managed above $96.5 billion – their highest level since mid-March.
Goldman Sachs gained as it was once known. major Bitcoin criticThe Securities and Exchange Commission (SEC) of the United States has filed a report to launch a Bitcoin-linked ETF. This move is followed Morgan Stanley’s launch Morgan Stanley Bitcoin Trust ETF MSBT last Wednesday.
BlackRock and Morgan Stanley extend inflow streaks
BlackRock’s iShares Bitcoin Trust ETF, or IBIT, led the way with inflows of approximately $214 million. according Farside Data.
IBIT’s and Morgan Stanley MSBT’s inflow streaks have now lasted five days. The totals are around $696 and $84 millions, respectively.
The ARK 21Shares Bitcoin ETF (ARKB), the Fidelity Smart Origin Bitcoin Fund, and the ARK 21Shares Bitcoin Trust (ARKB) are amongst the major contributors, bringing in $113 million (and $45million, respectively) on Tuesday.
Dogecoin and altcoin ETFs have all seen a surge in their respective flows
Spot Ether was the only ETF that showed a positive movement on Tuesday.ETHETFs recording The inflow of 53 million dollars.
The XRP currency (XRPSolana’s (SOLThe’s saw gains just above $1 million.
Related: Iran conflict hints Bitcoin’s addressable market could exceed gold: Bitwise
Dogecoin also became a popular trend.DOGE(ETFs) saw inflows of approximately $187,000, taking the total inflows up to about $9.2million.
While it remains to be seen whether the rebound is sustainable, overall sentiment has slightly improved in recent days, with the Crypto Fear & Greed Index rising above a score of 20 this week.
Bitcoin prices also rose to a record high for a second week on Tuesday. They briefly broke the $75,000 mark, the first since March 17, and then fell back below it. Later, it fell below $74,000 and was trading at $73,852 as of publication time. according CoinGecko is a free online game.
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Source: cointelegraph.com
