US spot Bitcoin ETFs recorded net inflows of $297.6 million on Monday, ending a three-day consecutive streak of outflows. This injection comes as Bitcoin’s price dropped roughly 2.5% during the same session. The week ending August 7 remains the strongest recent period with total net inflows of $853.54 million. The spot Bitcoin ETF products were approved by the SEC in January 2024 and have become a significant institutional channel for Bitcoin exposure.
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