Bitcoin ETFs Maintain Inflow Streak for Six Consecutive Days

US-listed spot Bitcoin exchange-traded funds (ETFs) registered a sixth consecutive day of net inflows on Tuesday, accumulating an additional $203.1 million.

Over this six-session period, Bitcoin ETFs attracted approximately $930 million, marking their most extended inflow streak since April, according to SoSoValue data. This occurred as Bitcoin traded above $65,000, briefly reaching $66,700 on Tuesday. Bitcoin was valued at $65,802 at the time of publication, reflecting an approximate 2% increase over the preceding 24 hours.

The broader cryptocurrency market sentiment also showed improvement, with the Crypto Fear & Greed Index shifting from “extreme fear” to “fear.” Analysts indicated that Bitcoin needed to surpass and maintain the $65,000 to $65,500 range to support a sustained upward trend. For those looking to invest in the cryptocurrency market, exploring the best crypto apps can be a good starting point.

Since their inception, the funds have gathered $51.8 billion in cumulative net inflows, with total net assets reaching $80.9 billion. US spot Bitcoin ETFs currently show net outflows of approximately $4.84 billion year-to-date.

Simonas Brazionis

Blockchain Expert

Simonas is a crypto and blockchain expert with 6 years of experience. Passionate about the industry he educates others on blockchain technology, and continuously expands his knowledge. He has helped many newcomers understand crypto, navigate investments, and stay informed about trends like DeFi and NFTs.