Bitcoin ETF Inflows Surge Past $300M Amid Investor FOMO
TL;DR Summary
Spot bitcoin ETFs have seen over $16 billion in inflows since January, with $300 million added on Monday alone, marking a seven-day streak of net inflows. BlackRock’s iShares Bitcoin Trust (IBIT) led with $117.2 million, and the strong inflows come as bitcoin rebounds to $64,600. This trend contradicts bearish views that ETF interest would wane during market downturns.
- Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday CoinDesk
- Bitcoin Investment Products See Third Straight Week of Inflows, CoinShares Says Bloomberg
- Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M Cointelegraph
- Crypto investment products saw $1.4 billion in net inflows last week: CoinShares The Block
- Bitcoin Soars Amidst Surging ETF Inflows (BTC-USD) Seeking Alpha
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