Bitcoin ETFs Stage Dramatic Turnaround with Seventh Straight Day of Inflows

U.S. spot Bitcoin ETFs have experienced a remarkable turnaround in investor sentiment, as they notched their seventh consecutive day of inflows on Friday.

The funds took in $134.5 million, extending their streak to seven straight trading days and bringing the total to about $2.98 billion since September 17.

This sharp reversal comes after a tumultuous period following the Senate's failed cloture vote on the Clarity Act, which led to outflows of $746.3 million on September 15 and 16.

Despite this setback, investor appetite has since rebounded, with inflows outpacing the previous losses roughly fourfold.