Bitcoin ETF inflows extend to second week, but recovery lacks momentum

0
Bitcoin ETF inflows extend to second week, but recovery lacks momentum

Bitcoin ETF inflows extend to second week, but recovery lacks momentum

US spot Bitcoin ETFs extended their inflow streak to two weeks with $75.7 million in net inflows, but analysts said demand remains insufficient to fuel a sustained uptrend.

US-listed spot Bitcoin exchange-traded funds (ETFs) are seeing renewed investor demand, but the latest inflow streak has yet to provide enough momentum for a stronger recovery.

Bitcoin ETFs recorded $75.7 million in net inflows for the week ending July 17, marking a second consecutive week of positive flows, according to SoSoValue data.

The latest inflows followed $197.4 million in net inflows the previous week, bringing July’s total ETF inflows to $200.2 million. US spot Bitcoin ETFs recorded $4.5 billion in net outflows in June, with total 2026 net flows still negative at $5.2 billion.

Read more

About The Author

Leave a Reply

Please enter CoinGecko Free Api Key to get this plugin works.