Crypto World
Spot Bitcoin ETFs Record $471M Inflow in Largest Single Day in Six Weeks
US-listed spot bitcoin ETFs posted their strongest day since late February with $471.32 million in net inflows on April 6.
US-listed spot bitcoin exchange-traded funds recorded $471.32 million in net inflows on April 6, marking their largest single-day inflow in six weeks since February 25. Twelve of the twelve ETFs tracked posted either zero or positive flows, with BlackRock’s iShares Bitcoin Trust (IBIT) leading inflows. The surge brought cumulative net inflows across all spot bitcoin ETFs to $56.43 billion.
The inflow spike reflects renewed institutional confidence in crypto markets after a period of weakness. No spot bitcoin ETF registered negative flows during the day, a rare occurrence that underscores broad-based buying pressure across the sector.
Sources: The Block | SoSoValue
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
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