Bitcoin ETF Inflows Surge to $1.8 Billion Amid Price Rally
- US spot Bitcoin ETFs recorded $1.8 billion in net inflows, the highest weekly total since early October.
- Total assets under management (AUM) for these ETFs currently stand at approximately $125 billion, down by about 24% from the Q4 peak of $164.5 billion.
- Since their launch in January, US Bitcoin ETFs have acquired around 710,777 BTC while only about 363,047 BTC have been mined.
- Bitcoin’s price has increased roughly by 94% since the start of ETF operations in January.
The recent surge in Bitcoin ETF inflows indicates a growing institutional interest as Bitcoin tests resistance levels near $98,000. However, total AUM remains significantly below previous highs, suggesting a cautious recovery phase.
With net inflows reaching $1.8 billion this week and total AUM still down by nearly a quarter from its peak, the market is navigating a complex recovery landscape.(Source)
