US Bitcoin ETFs have seen an inflow of $3.4 billion since April, the longest in 9 months.

[ad_1]

Bitcoin exchange-traded funds recorded their six-week streak on Friday, raising a total of $3.4 billion.

I pointed out that this track represents the longest positive streak since the last three weeks and ended in July 2025.

The flow chain of bitcoin exchanges traded in the stock market is extended to six hours

I finished the week ending April 17 the series Net inflows were recorded at $996.38 million, which is the largest weekly gross of a million.

Follow us on X To get the latest news as it happens

Series of flows of Bitcoin funds traded in the stock market
Series of flows of Bitcoin funds traded in the stock market. source: soso fallio

Bitcoin products significantly outperform other digital currency funds of the period. Ethereum (eth) funds fell to $82.47 million in outflows in April. It recovered to $70.49 million the following week.

You can’t find XRP and Solana boxes as well as follow-up The straight path to bitcoin. They both recorded weekly outflows in the week ending May 1, so they both had positive outflows.

The six-week series is facing a test with a decline in buyers

Close to the current track Last summer series from the length but it lags behind it significantly in terms of size. Average weekly flows from April 2 reached $568 million. In comparison, the series average of seven weeks and ending in 25 and 120 of seven weeks and ending in 25 and in comparison, weekly, reached a total of $10.58 billion.

The daily flows also refer to weakness. Bitcoin funds traded in the stock market recorded consecutive outflows in 7 sessions, ending a positive streak that lasted five sessions for the funds.

The funds lost $277.50 million on May 7 and another $145.65 million on May 8. Until then, daily flows were strong from April 30 to May 6. Net inflows on May 1 alone reached $629.73 million.

It stops now unless this weekly non-stop performance for the seventh week continues in the coming days. The next sessions will show whether the customers will return or the series will end. The next sessions will show whether the customers will return.

Subscribe to our channel on YouTube to watch the leaders and journalists and they provide news

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *