Bitcoin ETF Inflows Soar to $2.84 Billion in Six Days

The price recovery of Bitcoin has been accompanied by a significant turnaround in investor flows into US-listed spot Bitcoin ETFs. The funds have erased a $5.8 billion deficit recorded earlier this year and are now in positive territory, with nearly $800 million in net inflows for the year.

This shift occurred within weeks, as the ETFs were down a combined $5.8 billion for the year on July 13 but had improved to a modest net gain by September 25, according to SoSoValue data.

The recent six-day winning streak is one of the biggest signs of this turnaround, with US spot Bitcoin ETFs attracting $2.84 billion over the past six trading days, as per CryptoProwl report.