Crypto Blog
The landscape around the spot Bitcoin ETFs turned highly positive in the past week, with the products attracting more than $2 billion in net inflows.It’s safe to say that it was a big week for the 11 US-based spot Bitcoin ETFs, with several multi-month peaks, such asabove $20 billion that day, but they kept climbing by the end of the week and are currently worth just over $21 billion, according to Farsidethe funds. $371 million was poured in on Tuesday, $458.5 million on Wednesday, $470.
There were actually no net outflows registered throughout the week, as even Grayscale’s largest fund saw some inflows on Monday, Tuesday, and Thursday. Consequently, the total net inflows stood at $78.8 million for the week, making it the best one since August 5-9.
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