Bitcoin ETFs log $996M inflows even as Iran tensions resurface

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US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity. ETF inflows hit multi-month highs According to data from SoSoValue, spot bitcoin ETFs drew in $996.4 million in net inflows last week, marking the largest weekly total since the week ended Jan. 16. Over the past three weeks, cumulative inflows have surpassed $1.8 billion, underscoring a sustained resurgence in investor demand. The inflows were led by BlackRock’s IBIT, the largest bitcoin ETF by net assets, which attracted $906 million during the period.

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Telemac
Telemachttp://cryptoinfo.ch
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