BUSINESSCOINTELEGRAPH
Bitcoin ETF inflows extend to second week, but recovery lacks momentum
US spot Bitcoin ETFs saw $75.7 million in net inflows for the second consecutive week, but analysts noted that demand remains insufficient to drive a sustained market recovery.
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Adjacent reporting
- Bitcoin ETFs add $368M in three-day buying streak
- US spot Bitcoin ETFs post $425M outflow after brief rebound
- Bitcoin ETFs see new money again, but inflows remain ‘peanuts’ relative to the recent exodus
- Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%
- Bitcoin regains $76K as Coinbase-driven demand sustains recovery
- Ether outruns bitcoin as ETF money returns, almost all of from BlackRock's fund