BTC Rally Above $80K Drives $1B ETF Inflows
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US spot Bitcoin ETFs posted $999 million in inflows over two trading days as Bitcoin moved back above $80,000.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded roughly $1 billion in inflows since the cryptocurrency reclaimed $80,000.
Bitcoin ETFs posted $467.4 million of inflows on Tuesday as BTC surged past $81,000, extending Monday’s $532 million inflows, according to SoSoValue data, bringing the two-day total to more than $999 million.
The latest inflows follow April’s $1.97 billion in total net inflows, pointing to strong demand as Bitcoin's rebound continues.
Since May 1, the funds have attracted a total of $1.63 billion in inflows, bringing cumulative inflows to $59.7 billion and total assets under management to roughly $109 billion, the highest level so far this year.
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