According to the data he provided SoSoValueBitcoin exchange-traded funds (ETFs) attracted a total of $52.4 million in net inflows on Tuesday.

These products were able to attract inflows worth $1.7 billion in the first four trading days of this year, according to analyst Nate Geraci.

However, BlackRock's iShares Bitcoin Trust ETF (IBIT) was the only ETF in the green on Tuesday. It recorded a total of $596 million in inflows, marking one of its most successful days to date.

However, other ETF products performed very poorly, with the ARK 21Shares Bitcoin ETF (ARKB) losing $212 million.

Grayscale Bitcoin Trust ETF (GBTC) and Bitwise Bitcoin ETF (BITB) recorded outflows of $125 million and $114 million, respectively.

like Reported by U. TodayThe price of Bitcoin collapsed to a low of $95,259 after key US economic data revived concerns about firmer-than-expected inflation.

The leading cryptocurrency is down nearly 6%, while major altcoins are expected to take a bigger hit.

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