Bitcoin ETFs Record $355M Inflow, BlackRock & Ark21 Lead

December saw only eight days of net inflows out of the 21 trading days of this month. December 9th showed the largest single-day inflow ($457.29M) for the US Spot Bitcoin ETFs.

ARKB posted its biggest single-day inflows on Tuesday, although, for the month, its net outflows stand at $117.97 million.

ARKB December flows as of Tuesday | Source: SoSoValue

Both ARKB and BITB hold roughly $3.4 billion in net assets as of Tuesday.

Meanwhile, Ethereum (ETH) ETFs posted net outflows of $67.84 million, breaking a four-day outflow streak. Weekly inflows stand at $58.21 million, and monthly outflows stand at $544.76 million.

Also, on Tuesday, XRP Spot ETFs added $15.5 million, Solana (SOL) Spot ETFs posted net inflows of $5.21 million, and Dogecoin (DOGE) Spot ETFs showed net inflows of $288.13K.

BTC USD Remains Stuck Below $90K

Uncertainty is mounting as Bitcoin (BTC) USD price refuses to exit the $87,000 to $90,000 range.

At press time, BTC USD was trading at $88,724, reflecting a 1% intraday rise and a roughly 2% weekly rise. Bitcoin has been stuck below the $90,000 mark since December 13th, only going above that level for a few minutes.

Pointing to Bitcoins persistent consolidation between $88,000 and $90,000, Market analyst Ted Pillows noted on X: “The yearly candle will most likely close in red.”

BTC USD Price Chart | Source: TradingView

According to the Smart Money Concepts chart on TradingView, $90,000 to $94,000 is the nearest major bearish zone. Meanwhile, $66,000 to $70,000 is the closest major support zone. These zones are marked based on institutional activity.