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Spot Bitcoin ETFs near $1B in inflows over seven straight sessions

Wednesday’s inflows were $68.99 million, lifting cumulative gains since July 14 to $999.38 million, even as BTC slipped below $66,000.

Reported · Written up by our desk · Bitcoin

US-listed spot Bitcoin exchange-traded funds have pulled in about $1 billion in net inflows over seven consecutive trading sessions, according to data cited by Cointelegraph.

Cointelegraph reports that spot Bitcoin ETFs added $68.99 million in net inflows on Wednesday, bringing cumulative inflows since July 14 to $999.38 million.

The outlet also noted that the inflow run is below April’s nine-session stretch, when spot Bitcoin ETFs attracted $2.1 billion in net inflows, and that Wednesday’s inflows trailed Tuesday’s $203 million as Bitcoin fell below $66,000.

Cointelegraph said BTC was trading around $65,729 at the time of publication, down about 0.3% over 24 hours, while the Crypto Fear and Greed Index slipped to 31 from 33, and quoted Markus Levin, co-founder of XYO, saying the steady ETF buying reflects institutional rebuilding of long-term exposure as macro sentiment improves.

Latest closeBitcoin $65,665.10 ▼0.7%

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