Crypto
Bitcoin Spot ETFs Attract Record $715M in Four-Day Streak
Bitcoin spot ETFs have been gaining significant attention in recent days, attracting over $715 million in net inflows on September 22. This marks four consecutive days of inflows, indicating sustained institutional interest in the cryptocurrency.
The data, reported by WuBlockchain, suggests a strengthening confidence in Bitcoin amidst a mixed broader market landscape. The trend reflects a growing acceptance of cryptocurrencies within traditional financial markets.
According to the data, U.S. Bitcoin spot ETFs recorded a total net inflow of $715 million, while Ethereum spot ETFs saw inflows of $162 million over the same period. This highlights the increasing adoption of both cryptocurrencies by institutional investors.