Bitcoin ETFs See $506M Weekly Inflows As Market Turns Bullish
coingape.com 25 August 2024 00:51, UTC
Bitcoin exchange-traded funds (ETFs) have recorded substantial inflows, signalling a potential bullish shift in the cryptocurrency market. According to recent data, the United States Spot ETFs saw a rise in investments, with a continuous inflow streak throughout the past week. This trend, totalling $506 million with no outflow day, underscores growing investor confidence in the crypto.