Bitcoin ETFs have attracted over $2.2 billion in new inflows over the last four days alone.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have attracted more net inflows in the last four days of trading than the entire first four weeks.
According to data from Bitcoin tracking platform Apollo, ten spot Bitcoin ETFs have generated 43,300 Bitcoin — worth $2.3 billion at current prices — in inflows over the last four days alone. Comparatively, it took 20 days for the funds to gather just 42,000 of Bitcoin inflows.
Nate Geraci, the president of the ETF store, described Bitwise’s performance as the “most impressive,” adding that it was the only crypto-native investment fund among the top providers.