Spot bitcoin ETFs draw $2 billion in net inflows over 8-day positive streak

The Block2h agoUpdated 1h ago
Spot bitcoin ETFs draw $2 billion in net inflows over 8-day positive streak
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Spot bitcoin ETFs logged $223.2 million in net inflows on Thursday, led by $167.5 million into BlackRock's IBIT....

Key takeaways

  • 1Spot bitcoin ETFs attracted $2 billion in net inflows over an 8-day positive streak.
  • 2BlackRock's IBIT led Thursday inflows with $167.5 million out of $223.2 million total.
  • 3Sustained institutional investment demonstrates growing mainstream adoption of bitcoin through regulated ETF vehicles.

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Why it matters

Strong ETF inflows signal institutional confidence in bitcoin, potentially influencing Indian investors' perception of crypto legitimacy amid India's evolving regulatory stance on digital assets.

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