Bitcoin ETFs post five-day inflow streak, longest since May

US spot Bitcoin ETFs recorded $227 million in inflows as BTC climbed above $65,000, extending their longest winning streak since early May.

US-listed spot Bitcoin exchange-traded funds (ETFs) posted their fifth consecutive day of net inflows, marking their longest winning streak in nearly three months.

Bitcoin ETFs attracted $226.9 million in net inflows on Monday, the strongest daily inflows since July 6, bringing total net inflows over the five-day streak to about $727.3 million, according to data provider SoSoValue.

The five-session streak is the longest run of consecutive inflows since a six-session stretch from April 30 through May 5. Monday’s inflows reduced year-to-date net outflows for US spot Bitcoin ETFs to below $5 billion.

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.