US Bitcoin ETFs see biggest inflows in 3 weeks despite Bitcoin price dip below $64K
US spot Bitcoin ETFs attracted $233.1 million in inflows, led by BlackRock’s iShares Bitcoin Trust with $183.4 million, marking the strongest daily inflows in over three weeks. This pushed weekly Bitcoin ETF inflows to $203.84 million, on track for a fourth consecutive week of gains and reversing a two-month outflow trend. However, Bitcoin's price fell about 1.3% to around $63,700 despite the ETF demand, indicating ongoing short-term selling pressure. Ethereum ETFs also saw positive inflows, showing improving institutional interest in crypto assets.
US spot Bitcoin ETFs attracted $233.1 million in inflows, led by BlackRock’s iShares Bitcoin Trust with $183.4 million, marking the strongest daily inflows in over three weeks. This pushed weekly Bitcoin ETF inflows to $203.84 million, on track for a fourth consecutive week of gains and reversing a two-month outflow trend. However, Bitcoin's price fell about 1.3% to around $63,700 despite the ETF demand, indicating ongoing short-term selling pressure. Ethereum ETFs also saw positive inflows, showing improving institutional interest in crypto assets.
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