Bitcoin ETFs See Major Inflows of $562 Million, Ending Outflow Trend

In a significant turnaround, Bitcoin ETFs recorded $562 million in inflows, breaking a four-day outflow streak and marking the highest daily intake since January.

On Monday, Bitcoin exchange-traded funds (ETFs) experienced a remarkable shift, recording inflows of $562 million. This sudden influx brought an end to a four-day period characterized by outflows, showcasing a resurgence in investor interest.

The $562 million influx is notable as it represents the largest daily intake for these ETFs since January 14. This development highlights a potential turning point in market sentiment towards Bitcoin investment vehicles.