Spot Bitcoin ETFs See 9-Day Inflow Streak as Investors Show Conviction
Cointelegraph
US spot Bitcoin ETFs have recorded a nine-day inflow streak, signaling resilient long-term conviction among investors despite market volatility.Summary
US spot Bitcoin ETFs achieved a nine-day inflow streak between April 14 and April 24, accumulating approximately $2.12 billion in net inflows. This performance, reminiscent of a similar trend in October, reflects a resilient investor base that is increasingly adopting a long-term strategy rather than reacting to short-term price fluctuations. While Bitcoin continues to trade well below its all-time highs, analyst Nate Geraci notes that these persistent inflows demonstrate that ETF investors are acting as long-term allocators in the cryptocurrency market.
(Source：Cointelegraph)