Bitcoin Spot ETFs Attract $175M Amid Regulatory Uncertainty

Bitcoin spot ETFs saw a significant influx of $175 million in net inflows on Thursday, marking their third consecutive session of positive flows. This indicates renewed institutional demand for Bitcoin despite broader crypto markets experiencing mixed sentiment.

The sustained inflows come at a time when regulatory uncertainty is high, following the Connecticut Attorney General's public alert about an investor losing $200,000 to a fraud scheme. The warning highlights the persistent vulnerability of retail participants to scams.

In other developments, altcoins such as XRP are defending critical support levels with technical analysts predicting another potential 100% rally. Meanwhile, stablecoin SoFiUSD has been listed on Kraken, fueling speculation about its impact on established players USDC and USDT.