Spot Bitcoin ETFs Achieve Nine-Day Inflow Streak Amid Strong Market Sentiment
- US spot Bitcoin ETFs recorded total net inflows of approximately $2.12 billion from April 14 to April 24.
- The strongest single-day inflow occurred on April 17, attracting $663.91 million.
- Currently, Bitcoin (BTC) is trading at $77,516.55, reflecting a monthly increase of 10.73%.
- Cumulative net inflows for Bitcoin ETFs have reached $58.23 billion for the year.
- Ether (ETH) ETFs also experienced nine days of positive inflows until a break on April 23 with outflows of $75.94 million.
The recent inflow trends indicate a resilient investor base in the crypto market, suggesting long-term commitment despite short-term volatility.
This trend highlights investor confidence as Bitcoin ETFs achieved significant inflows, including $663.91 million on April17 during the nine-day streak.(Source)
