Spot bitcoin (BTC) exchange-traded funds in the U.S. reported their fifth consecutive day of net inflows on Wednesday, bringing the combined inflows to nearly $1.7 billion.
According to SoSoValue data, bitcoin ETFs recorded a net inflow of $46.3 million yesterday. Net outflows from Fidelity's FBTC and three other funds were offset by $134.6 million in inflows into BlackRock's IBIT.
Combined with…