US spot Bitcoin ETFs top $200M in daily inflows for first time since May
US spot Bitcoin ETFs post $221.7 million inflows, the strongest daily intake since early May, as Bitcoin recovers above $61,000.
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their first daily net inflow above $200 million since early May, snapping weeks of sustained withdrawals.
The funds attracted $221.7 million in net inflows on Thursday, according to SoSoValue data, ending a 10-day streak of net outflows that totaled more than $2.7 billion.
The rebound follows one of the weakest stretches for US spot Bitcoin ETFs this year, with the funds posting a record $4.5 billion in net outflows in June.
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