Bitcoin ETFs Surge with $2.56B Inflows Amid Broader Market Rally
Bitcoin exchange-traded funds (ETFs) are back in vogue after seven consecutive days of net inflows, totaling $2.56 billion.
This surge is part of a broader market rally that has seen major assets like Bitcoin, Ethereum, and XRP post double-digit gains.
The US-listed BTC ETFs have now received over $54 billion in net inflows since inception, despite experiencing some heavy outflows earlier this year when Bitcoin's price was around $60k.