Bitcoin ETFs Hit Nine-Day Inflow Streak as Crude Prices Curb Momentum

Bitcoin exchange-traded funds (ETFs) have seen a nine-day streak of net inflows, which reached $3.1 billion as of Tuesday, according to data from SoSoValue.

The funds attracted $66.2 million on that day alone, bringing year-to-date net inflows to around $1 billion.

However, some altcoin funds saw a reversal in fortunes, with spot Ether ETFs posting roughly $3 million in net outflows after seven days of inflows, which totaled over $851 million and brought cumulative net inflows to about $14 billion.

Zcash ETFs also experienced an $8 million outflow on Monday, snapping a six-day streak of inflows.