Bitcoin Spot ETFs Witness Record Net Inflows for Sixth Consecutive Day

Tuesday, 21 May 2024, 04:58

The recent surge in net inflows to spot bitcoin ETFs has surpassed $1.18 billion over a span of six days, showcasing sustained investor interest. This remarkable streak of positive flows highlights the growing appeal and adoption of bitcoin ETFs in the market. The consistent influx of funds into these ETFs underscores the bullish sentiment towards bitcoin among investors.
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Bitcoin Spot ETFs Witness Record Net Inflows for Sixth Consecutive Day

Spot Bitcoin ETFs Record Net Inflows

The 11 spot bitcoin ETFs have experienced continuous positive flows for six consecutive days, accumulating a total of over $1.18 billion in net inflows. This significant increase in investor interest has contributed to a surge in the adoption of bitcoin ETFs.

Investor Sentiment Towards Bitcoin

The sustained inflows into these ETFs highlight strong confidence and positive outlook on the future performance of bitcoin as an investment asset.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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