Spot Bitcoin ETFs see strong demand as crypto market tops $4T again

Spot Ether ETFs recorded over $230 million in net inflows as of Thursday, recovering from last week’s net outflows of nearly $800 million.

Spot Bitcoin exchange-traded funds (ETFs) saw strong demand this week, recording more than $1.7 billion in inflows before the trading week closes on Friday. 

SoSoValue data showed that the ETFs had a strong week, with Wednesday having nearly $800 million in inflows. As of Thursday, the ETF tracker showed that spot Bitcoin ETFs already had $1.7 billion in net inflows this week.

The strong performance marks the ETFs’ biggest weekly total in nearly two months, highlighting renewed confidence in the asset class. 

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