US spot bitcoin ETFs return to net inflows following four week | 🔸️ Bitcoin News
US spot bitcoin ETFs return to net inflows following four weeks of outflows
Spot bitcoin exchange-traded funds in the United States returned to net inflows of $116.8 million last week after enduring four consecutive weeks of outflows totaling more than $1 billion. Grayscale’s converted Bitcoin Trust was the only spot bitcoin ETF to register net outflows last week, with $171.1 million leaving the higher-fee fund. That came despite GBTC breaking its 78-day outflow streak with $63 million worth of net inflows on May 3 and a further $3.9 million last Monday.
