Bitcoin ETF Inflows Surge to $2.4B, Turning Year-to-Date Flows Positive

The spot Bitcoin ETFs have seen a massive rebound in recent weeks, with $2.4 billion in net inflows in the past week alone.

This comes after a painful June, where investors pulled out a record $4.51 billion from the funds, leaving them nearly $5.5 billion in the red year-to-date.

However, since July, the narrative has shifted with modest net inflows, followed by significant gains in August and September, with $3.52 billion and $2.7 billion respectively.

The cumulative total net inflows for spot Bitcoin ETFs now stand at $57.55 billion, pushing year-to-date numbers into positive territory.