US Bitcoin ETFs see $517M inflows as BTC tops $69K, driven by liquidity boost and SEC crypto rules.
US spot Bitcoin ETFs attracted $517.19 million in net inflows on Wednesday, marking the largest daily inflow since early May. This surge coincided with Bitcoin's price rising above $69,000 for the first time in two months, supported by a US Treasury move to double liquidity buybacks for long-term bonds and a new SEC proposal easing crypto regulations. These factors combined to boost institutional demand and market confidence, signaling renewed momentum for Bitcoin and related crypto assets. The positive ETF flows extended a three-day streak following a previous week of outflows, suggesting growing investor appetite amid improving regulatory and liquidity conditions.
US spot Bitcoin ETFs attracted $517.19 million in net inflows on Wednesday, marking the largest daily inflow since early May. This surge coincided with Bitcoin's price rising above $69,000 for the first time in two months, supported by a US Treasury move to double liquidity buybacks for long-term bonds and a new SEC proposal easing crypto regulations. These factors combined to boost institutional demand and market confidence, signaling renewed momentum for Bitcoin and related crypto assets. The positive ETF flows extended a three-day streak following a previous week of outflows, suggesting growing investor appetite amid improving regulatory and liquidity conditions.
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