Bitcoin ETFs Surpass $57 Billion in Cumulative Flows After Record Week
Bitcoin ETFs have turned year-to-date flows positive after a massive influx of $2.39 billion in just one week.
The funds added substantial amounts each day: $714.75 million on Tuesday, $346.98 million on Wednesday, $190.65 million on Thursday, and $134.47 million on Friday.
This brings cumulative inflows to $57.55 billion and pushes the year's net flows into positive territory.
Ether (ETH) ETFs also experienced gains throughout the week, taking in $689.88 million and increasing their cumulative net inflows to $13.94 billion.