Bitcoin ETFs Extend Five-Day Winning Streak Amid Market Volatility
Bitcoin ETFs attracted $347 million in net inflows on Wednesday, extending their positive streak to five consecutive trading sessions.
This brings total inflows during this run to about $2.65 billion, with BlackRock's IBIT leading the day at $166 million and Fidelity's FBTC following closely with $143 million.
Despite Bitcoin falling below $84,000 after briefly trading above $87,000, investors remain focused on whether inflows will continue or if the streak comes to an end.
The recent performance highlights a strong stretch for Bitcoin ETFs, which have accumulated about $2.65 billion in net inflows over the past five trading sessions.