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Bitcoin ETFs Post Third Straight Week of Inflows

Guavy AI Editorial Team
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BTC
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U.S.-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive weeks of inflows, a significant shift from massive outflows in June.

This is the first three-week streak of inflows for Bitcoin ETFs since early May. A dozen funds listed in the U.S. attracted $33.79 million USD of net inflows for the week ended July 24, according to data from SoSoValue.

In the two previous weeks, the spot Bitcoin inflows attracted $197 million USD and $75.67 million USD of inflows, respectively. Analysts credit the three weeks of net inflows to institutional demand returning, albeit at a softer pace than in the past.

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