US-listed spot Bitcoin exchange-traded funds (ETFs) have registered a seven-day streak of inflows totaling nearly $2.9 billion, signaling a decisive return of investor confidence after August’s selloff.
Data from Coinperps shows that on Sept. 16 alone, Bitcoin ETFs pulled in $292.27 million. That daily gain capped a weeklong surge in activity, with inflows reaching $2.87 billion over the period.
The reversal starkly contrasts the prior month, when the products shed more than $750 million amid a rotation into Ethereum-based ETFs.
Bitcoin ETFs momentum
The shift reflects more than just short-term flows. Bitwise highlighted that US-traded Bitcoin ETFs are once again absorbing more capital than new Bitcoin supply entering the market, reinforcing the latest recovery.
NovaDius Wealth Management President Nate Geraci highlighted the scale of the trend, noting that these funds have now secured over $22 billion in inflows since January.
The rebound comes as
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Author: Oluwapelumi Adejumo
