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U.S. spot bitcoin ETFs continue their hot streak, recording $107.91 million in inflows on Thursday for their 9th straight day of gains. This marks the longest inflows since mid-March, when the products saw 10 consecutive positive days.
The appetite for spot bitcoin ETFs reflects their massive success since launching earlier this year. The SEC approved the first spot bitcoin ETFs in January, and products from heavyweights like BlackRock, Fidelity, and others quickly garnered billions in assets.
BlackRock’s iShares Bitcoin Trust (IBIT) led inflows on Thursday with $89 million. Next was Fidelity’s Wise Origin Bitcoin Trust (FBTC) at $19 million, followed by $9.5 million into VanEck’s…
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