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U.S. spot Bitcoin ETFs log ninth straight day of inflows

Tuesday’s net inflow totaled $66.2 million, taking the streak since Sept. 17 to about $3.1 billion.

Reported · Written up by our desk · Bitcoin

U.S. spot Bitcoin ETFs collected $66.19 million on Tuesday, marking a ninth straight session of net inflows, according to Decrypt’s Bitcoin ETF tracker. That follows Bitcoin trading near $84,400 on Wednesday, up about 1% on the day after recovering Monday’s losses.

The ETF flow run began on Sept. 17 and has pulled in about $3.08 billion, Decrypt data show. That is slightly above the roughly $3.04 billion gathered during August’s prior nine-day streak, which ran from Aug. 17 to Aug. 27.

The Decrypt article also notes that Bitcoin ETFs provide price exposure without investors buying BTC directly on an exchange or holding it in a wallet. It adds that ETF flows in and out are often watched as a sentiment indicator.

Latest closeBitcoin $83,726.42 ▲0.1%

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