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Bitcoin ETF Sees Record $381M Inflow

US Bitcoin ETFs See Largest Inflow in Nearly Two Months

  • US-based Bitcoin ETFs recorded their largest single-day net inflow since January 30, with $381 million.
  • The highest daily inflow previously was $588.1 million, following Bitcoin’s all-time high price.
  • Bitcoin briefly reclaimed a price of $91,000 before settling back to $90,000.
  • Grayscale’s Bitcoin Trust and Mini Trust ETF showed stabilization with combined inflows of $69.1 million.
  • The US experienced a weekly net outflow of $71 million despite the strong single-day performance.
  • European markets saw positive sentiment, with Switzerland leading inflows at $43.7 million.

The US-based Bitcoin ETFs experienced a significant single-day net inflow of $381 million, marking the largest since January 30. Despite this, the US had a weekly net outflow of $71 million, contrasting with positive trends in European markets like Switzerland and Germany.

Source (2.6)https://coingape.com/us-bitcoin-etf-records-highest-inflow-of-381m-in-58-days/?rand=24432
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