Bitcoin ETFs roar back with $524M inflows in best day since market crash

Smart money traders have also added $8.5 million worth of net long Bitcoin positions, signaling growing optimism among the industry’s most successful traders.

Bitcoin exchange-traded fund (ETF) investments are showing signs of recovery, signaling a return of risk appetite following a record crypto market crash in early October.

US spot Bitcoin ETFs saw $524 million worth of cumulative net inflows on Tuesday, marking the highest daily amount since Oct. 7, according to data from Farside Investors.

The $524 million inflows mark the highest cumulative inflows since the crypto market crash on Oct. 10, which delivered a significant blow to crypto investor appetite.

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