Bitcoin ETF Inflows Hit Third Straight Week
U.S. spot Bitcoin exchange-traded funds (ETFs) have seen their third consecutive week of net inflows, according to data from SoSoValue.
The total net inflows for last week were $986.9 million, up from $924.5 million the previous week.
BlackRock's IBIT led the way with $691.5 million in new investments.
Trading activity, however, declined with a total of $14.5 billion in trades last week compared to $19 billion the week before.