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Bitcoin ETFs Attract $227M, Extend Inflow Streak to Five Days

NFL Cointelegraph ✦ xCruzo 🇺🇸🇪🇸
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Bitcoin ETFs Attract $227M, Extend Inflow Streak to Five Days
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Spot Bitcoin ETFs extended a winning inflow streak to five straight sessions, drawing $227 million as BTC rose above $65,000. Data from SoSoValue shows US-listed spot Bitcoin exchange-traded funds received $226.9 million in net inflows on Monday, the strongest single-day inflows since July 6, bringing total net inflows across the five-day run to about $727.3 million. The streak is the longest of consecutive inflows since a six-session period from April 30 to May 5. The inflows also narrowed year-to-date net outflows for US spot Bitcoin ETFs to below $5 billion. Simon-Peter Massabni of XS.com said the pattern suggests selling pressure may be easing rather than indicating a broad return of institutional demand. CoinGecko reported BTC at $65,879, up 3.3% over the previous 24 hours, as of publication.

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