Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak

CoinDesk·

Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak

60-second summary

Bitcoin ETFs experience a significant turnaround, with $221 million flowing in, ending a 10-day outflow streak. Spot ETFs see their strongest inflow day in two months, driven primarily by funds other than BlackRock's IBIT, indicating a renewed interest in the asset class. This influx has a positive impact on the market, boosting investor confidence in Bitcoin.

Spot ETFs had their strongest inflow day in two months, driven by funds other than BlackRock’s IBIT.