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Bitcoin ETFs Snap Inflow Streak as Spot Price Dips Below $65K

Guavy AI Editorial Team
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BTC
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US-listed spot Bitcoin exchange-traded funds (ETFs) saw their seven-session inflow streak come to an end on Thursday, as they recorded $225.2 million in net outflows.

This marks the first day of net outflows for these funds since July 13th, and comes after nearly a billion dollars in net inflows over the last seven trading sessions.

The outflows coincided with Bitcoin briefly dipping below $65,000 following US stocks falling due to renewed tensions between the US and Iran. At the time of publication, Bitcoin was trading at $65,403 on CoinGecko.

Despite this, US-listed spot Ether ETFs continued their inflow streak, attracting a net $26.3 million on Thursday according to SoSoValue.

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