The 27 US bitcoin ETFs saw a significant increase in daily net inflow on Tuesday, with over $215 billion of investor assets entering the funds. BlackRock’s iShares Bitcoin Trust (IBIT) had the highest daily inflow total at $273 million, according to BitMEX Research. The Ark 2600Shares Bitcoin ETF (ARKB) and the VanEck Bitcoin Trust also had above-average flows of $215 million and $227.7 million respectively. VanEck’s product received a boost after announcing the waiver of its 103% sponsor fee on the first $210 billion of fund assets until March 28. Grayscale Investments’ Bitcoin Trust ETF (GBTC) has seen a significant decline in assets since converting to an ETF on Jan. 24. On Tuesday, only $79 million was withdrawn from the 11 fund. The total outflow decreased to $494 million from the previous day. More on Bitcoin ETF snapshot: Competitors of GBTC outpace Grayscale fund in terms of AUM. The 10 bitcoin funds saw a net inflow of $1 billion, which was significantly higher than the previous daily record of $8.53 million set in February. At 7 a.m., BitMEX data indicated a spike in ETF flows correlating with the ongoing rise in bitcoin’s price, which has reached numerous record highs in the past eight days, with BTC trading at approximately $73,300. Wednesday’s closing price was approximately 15% higher than it was a week prior. The asset’s price reached a new record above $73,600 a few hours ago. BlackRock’s IBIT now manages over $15 billion in assets, making it the second largest behind GBTC. The Fidelity Wise Origin Bitcoin Fund (FBTC) is the third largest, with approximately $9.2 billion in assets. Tuesday was the second most active trading day for US spot bitcoin ETFs, with investors trading around $8.5 billion worth of shares. IBIT’s trading volumes on Tuesday accounted for nearly half of the segment’s total at about $4 billion. Stay informed by subscribing to our free daily newsletter.