Bitcoin ETF Inflows Hit Record Six-Day Streak Reaching $2.26B
Bitcoin exchange-traded funds (ETFs) recorded $338 million in net inflows on Wednesday, marking the sixth consecutive day of buying activity. This cumulative influx has brought total net inflows to $2.26 billion, according to data from Farside Investors.
The sustained buying spree is attributed to a combination of factors, including a more favorable macroeconomic outlook and increased corporate adoption of Bitcoin. Market analysts point to growing investor confidence in the regulatory clarity surrounding these products as another key driver.
Historically, the largest and most liquid funds like BlackRock's iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC) capture the majority of inflows. These funds have become the preferred vehicles for institutions seeking Bitcoin exposure without direct custody.