US bitcoin ETFs break 10-day negative streak with $222 million worth of inflows

The Block·

US bitcoin ETFs break 10-day negative streak with $222 million worth of inflows

60-second summary

US bitcoin ETFs are breaking a 10-day negative streak with $222 million worth of inflows, a significant turnaround in investor sentiment. BlackRock's IBIT was the only fund to see net outflows on Thursday, shedding $40.4 million and continuing its negative streak. This shift in investor behavior suggests renewed confidence in the cryptocurrency market.

BlackRock's IBIT was the only fund to see net outflows on Thursday, shedding $40.4 million and continuing its negative streak.