Bitcoin ETF inflows have surged over the last four days to reach over $2.2 billion, more than the entire first four weeks of trading.
Notably, the bullishness around the inflows has been viewed by market participants as a major factor driving Bitcoin’s rally, which saw its price pass the $52,000 mark.
Bitcoin ETFs See Record-Breaking Daily Net Inflows
According to data from Apollo, a Bitcoin tracking platform, ten spot BTC Exchange-Traded Funds (ETFs) have experienced a surge in interest, amassing 43,300 Bitcoin in inflows within the last four days. It is quite impressive, considering it took 20 days for these funds to amass 42,000 Bitcoin in inflows after approval.
We’re witnessing total acceleration of #BTC ETF inflows.
First 20 days of Trading ~ 42K BTC Inflows
Last 4 Days of trading ~ 43k BTC Inflows
pic.twitter.com/IqvX7wI13b
— Thomas | heyapollo.com (@thomas_fahrer) February 15, 2024
On February 14, the ETFs experienced a significant surge in daily net inflows, reaching
We współpracy z: https://cryptopotato.com/bitcoin-etf-inflows-skyrocket-last-4-days-outpace-first-20-analysis/
