Spot Bitcoin ETFs in the U.S. experienced a reversal in daily flows on Tuesday, marking the end of a seven-day streak of net inflows.

BlackRock's Bitcoin ETF garners $329 million in new investments, maintaining strong market presence despite Bitcoin's price dip.

BlackRock’s Bitcoin ETF received more than $1.05 b in the past five trading days as investors continue to show more interest in the spot products.

13F filings, which offer quarterly reads on equity positions taken by large investors, show that 80% of the buyers of these new spot bitcoin products in the U.S. are direct investors. Of the 80% of direct investors, Cohen told CNBC that 75% had never before owned an iShare, one of the best-known and largest ETF providers on the planet.

Impressively,7, BlackRock's IBIT amassed net inflows of $309 million, bringing the net US Bitcoin ETFs inflow to over $470 million.

ETF has attracted over $1 billion in inflows this week alone, which has helped propel the apex crypto to a 10% seven-day gain.