Crypto Blog
on Farside Investors, the spot Bitcoin ETFs have been on a 13-day inflow streak since May 13, 2024. This indicates investors’ confidence in Bitcoin’s potential and an unwavering capital inflow into the ecosystem despite BTC’s inability to register a new all-time high.Following the launch of the U.S. spot Bitcoin ETFs on January 11, the funds collectively saw outflows exceeding $52 million two trading days after their listing as investors moved their assets out of Grayscale’s GBTC in droves.
Although February’s inflow streak eventually broke, the ETFs recorded more inflows than outflows until BTC hit its all-time high of $73,700 in mid-March. Investors began to take profits afterward, and inflows dwindled a bit. Yesterday, Ark Invest’s ARKB saw outflows of roughly $100 million, but inflows into the other funds outpaced it, netting $48.8 million.became
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