U.S. spot BTC ETFs see $1.1 billion in 3-day inflows, set for biggest week since mid-January
U.S. spot bitcoin ETFs recorded $1.1 billion in net inflows over three days, signaling their strongest week since mid-January.Summary
U.S. spot bitcoin exchange-traded funds (ETFs) are poised for their best week since mid-January, having recorded net inflows totaling $1.1 billion over three consecutive days. This influx reverses a streak of five weeks of net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) drawing in about $652 million of that total. The renewed demand is supported by the Coinbase Premium Index turning positive after 40 days in negative territory, which is often used as a gauge for U.S. institutional sentiment. Despite the spot price of bitcoin remaining significantly below its October record, total bitcoin holdings across U.S. spot ETFs have climbed to 1.29 million BTC. Furthermore, a decline in open interest on the CME suggests these ETF inflows represent outright long positions rather than basis trades.
(Source：CoinDesk)