US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak.
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a four-session outflow streak on Wednesday, recording $32.1 million in net inflows.
After posting more than $500 million in combined outflows over four straight trading sessions, spot Bitcoin ETFs returned to positive territory despite Bitcoin briefly falling to around $63,300 during US trading hours, according to data from SoSoValue and CoinGecko.
So far this week, US spot Bitcoin ETFs have recorded net outflows of $29.29 million, while monthly net inflows have reached $204.7 million. Cumulative net inflows across the funds stand at $51.36 billion.
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cointelegraph.com