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Spot bitcoin ETFs post five-day inflow streak totaling nearly $1.7 billion

The Block
U.S. spot bitcoin ETFs achieved five consecutive days of net inflows, accumulating nearly $1.7 billion amid a broader cryptocurrency market rally.

Summary

U.S. spot bitcoin ETFs have recorded their fifth consecutive day of net inflows, reaching a total of approximately $1.7 billion. While some funds saw outflows, significant contributions—notably from BlackRock's IBIT—drove the momentum. Market analysts suggest this sustained institutional interest indicates a long-term shift toward bitcoin as a strategic asset, coinciding with a price rebound to the $81,000–$82,000 range. Additionally, spot Ethereum ETFs have also seen four straight days of net inflows.

(Source:The Block)