Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak 📈
Spot Bitcoin ETFs have experienced a significant influx of funds, with $1.7 billion flowing in over the past week. This marks a continuous six-week streak of inflows, indicating growing investor confidence and interest in Bitcoin ETFs.
The recent inflows have contributed to the spot Bitcoin ETFs' total net assets reaching $95.4 billion. This amount represents approximately 5.27% of the total market capitalization of Bitcoin, which stands at $1.8 trillion.
This ongoing trend highlights the increasing institutional and retail interest in Bitcoin as an investment asset. The consistent growth in ETF investments reflects a broader acceptance and confidence in Bitcoin's role within financial markets.
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