CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.
United States-based spot Bitcoin exchange-traded funds (ETFs) have reached a record high in weekly inflows, signaling continued investor enthusiasm amid Bitcoin’s parabolic rally.
Spot Bitcoin (BTC) ETFs saw net inflows of $3.38 billion for the week of Nov. 18–22, according to crypto tracking platform SoSoValue, marking a 102% increase from the previous week’s $1.67 billion inflow.
The figure represents the largest recorded weekly inflows for spot Bitcoin ETFs. It also marks the seventh consecutive week of positive flows, according to SoSoValue.