US Spot Bitcoin ETFs Halt Outflow Streak with Significant Inflows
US Spot Bitcoin ETFs Halt Outflow Streak with Significant Inflows
Published on
US spot Bitcoin ETFs recorded a positive turnaround, securing $240 million in inflows on Thursday. This development marks the end of a six-day consecutive outflow streak that had seen a total of $2.05 billion exit these funds.
Following a challenging period, US spot Bitcoin Exchange-Traded Funds (ETFs) have seen a notable reversal in investor sentiment. On Thursday, these investment vehicles registered $240 million in net inflows, effectively bringing an end to a six-day streak of outflows. The preceding period had witnessed substantial withdrawals, with a cumulative total of $2.05 billion exiting the ETFs.