PiCK
US Spot Bitcoin ETFs Attract $824 Million, Marking Fourth Straight Week of Inflows
Suehyeon Lee
Summary
- Spot Bitcoin ETFs recorded $824 million in net inflows last week, extending the recovery in institutional demand.
- Spot Bitcoin ETFs posted a fourth straight week of net inflows, while spot Ether ETFs logged a third consecutive week of inflows.
- Spot Solana and XRP ETFs also recorded net inflows of $9.44 million and $15.74 million, respectively.
Forecast Trend Report by Period
Institutional demand continued to recover as money kept flowing into spot Bitcoin exchange-traded funds.
Wu Blockchain reported on April 27 that spot Bitcoin ETFs recorded net inflows of $824 million in the week of April 20 to April 24, extending their streak of net inflows to four weeks.
Spot Ether ETFs also posted net inflows of $155 million over the same period, marking a third consecutive week of inflows.
Spot Solana ETFs recorded net inflows of $9.44 million, while spot XRP ETFs posted net inflows of $15.74 million.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
