US spot Bitcoin ETFs post $176 million inflow, extend 2-day recovery
Photo: CoinTurk News
US-listed spot Bitcoin exchange-traded funds recorded approximately $176 million in net inflows on Tuesday, marking a continued rebound for the second straight trading day. Data from financial analytics platform SoSoValue indicated an increase from the previous day’s net inflows of $110 million, resulting in a combined two-day total of $286 million. The renewed investor interest in spot Bitcoin ETFs followed significant outflows of nearly $774 million last Thursday and Friday. Despite this volatility, net outflows for October narrowed to about $26 million as of Tuesday. Year-to-date, these ETFs reported roughly $850 million in net inflows, reflecting ongoing demand from investors.
Source: CoinTurk News
