Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks
United States spot Bitcoin ETFs posted over $3 billion in inflows over the trading week, with one ETF analyst pointing out how quickly it can go from “1st gear to 5th gear.”
Spot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.
On April 25, the 11 spot Bitcoin (BTC) ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over five consecutive inflow days, according to Farside data. The last time spot Bitcoin ETFs had a full week of inflow days was the week ending March 21.
ETF analyst Eric Balchunas said in an April 24 X post that “ETFs are on a Bitcoin bender.”
