9 billion, surpassing their March run over a similar period. US-listed spot Bitcoin exchange-traded funds (ETFs) have been gaining momentum amid Bitcoin’s price recovery, showing steady inflows since mid-April. 8 million in inflows on Wednesday, marking the seventh consecutive day of inflows, according to Farside data.
2 billion. 3 million Bitcoin in assets under management, worth around $103 billion. The steady inflows to Bitcoin ETFs were accompanied by a rising BTC price, which has surged 11% over the past 30 days.
BTC briefly rose above $79,000 on Wednesday, its first time reaching that level since late January, according to CoinGecko. 4 billion. The fund holds 809,870 Bitcoin, accounting for 62% of total AUM in US-listed spot Bitcoin ETFs.
The Morgan Stanley Bitcoin Trust (MSBT) strongly contributed to the momentum, posting $95 million within the total streak. Notably, the fund itself has not yet seen a single day of outflows, generating $163 million since launch on April 8. Daily spot Bitcoin ETF inflows since April 14.
uk Still, several funds have clocked losses during the past seven trading sessions. The Grayscale Bitcoin Trust ETF (GBTC) led redemptions during the period, with net outflows of around $100 million. 6 million, according to Farside.
Related: Market maker GSR launches first ETF tracking Bitcoin, Ether and Solana Last week, broader ETH investment products recorded their strongest week since January, finally flipping to positive flows year-to-date, according to CoinShares. The ongoing recovery in spot markets came as the Crypto Fear & Greed Index surged to 46 for the first time since late January.
