Spot Bitcoin ETFs Break 8-Week Outflow Streak with $197.4M Inflow
Spot Bitcoin ETFs ended a record eight-week outflow run, attracting $197.4 million in inflows. Total assets under management rose to $77.4 billion, though still down 32% from the start of the year.
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Spot Bitcoin exchange-traded funds have snapped a record eight-week streak of outflows, bringing in $197.4 million in fresh capital. The turnaround marks a shift in investor sentiment after a prolonged period of withdrawals.
The total value of assets held in these products increased to $77.4 billion. However, this figure remains approximately 32% lower than the level recorded at the beginning of the year, indicating that the market has not fully recovered from earlier declines.
Source: ForkLog