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Spot Bitcoin ETFs See $1 Billion Weekly Inflows as Risk Appetite Returns

From financefeeds.com

Spot Bitcoin exchange-traded funds (ETFs) recorded $996 million in net inflows over the past week, marking their strongest performance in more than three months. The weekly total represents the highest intake since early January, when inflows reached about $1.4 billion. Flows accelerated toward the end of the week. Friday alone accounted for $663.9 million, the largest single-day inflow during the period. Earlier in the week, Tuesday saw $411.5 million in inflows, followed by $186 million on Wednesday and $26 million on Thursday. The week began with a $291 million outflow on Monday, highlighting a sharp reversal in ... (full story)

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  • Category: Fundamental Analysis