Crypto
Bitcoin ETFs See Third Straight Week of Inflows as Golden Cross Looms
US spot Bitcoin exchange-traded funds (ETFs) have seen three consecutive weeks of net inflows, indicating a clear recovery in institutional investor demand for digital assets.
Last week's net inflows totaled $986.9 million, exceeding the prior week's $924.5 million.
The iShares Bitcoin Trust from BlackRock led this week's flows, pulling in $117.4 million on Friday alone and absorbing $691.5 million weekly.
Ethereum spot ETFs also extended their inflow streak to three consecutive weeks but saw a significant drop in weekly inflows, down 74% from the prior week at $218.4 million.