Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have started their fourth week with positive inflows, recording $105.1 million on June 3. This marks a significant streak of gains since May 10, with only one day of no inflows.
VanEck Bitcoin Trust ETF and WisdomTree Bitcoin Fund also saw gains, recording $2 million and $1.1 million respectively. Notably, this is the second-longest positive run for BTC ETFs in the U.S., with 16 consecutive days of inflows.
Bitcoin has been consolidating between $68,800 and $69,300, briefly touching a seven-day high of $70,230. Despite a 0.11% price decline, BTC’s market cap remains strong at $1.36 trillion, holding a 50.4% market dominance.
Daily trading volume surged by 30%, reaching $29.5 billion, highlighting increased market activity. The consistent inflows into BTC ETFs underscore growing investor confidence and indicate a strong strategic position for Bitcoin in the long term.
