Spot Bitcoin ETFs attract $1.42B in strongest week since early October
Spot Bitcoin ETFs posted their strongest week since October as institutional investors returned via regulated products, helped by reduced whale selling and tightening effective supply.
Spot Bitcoin exchange-traded funds (ETFs) recorded $1.42 billion in net inflows over the past week, marking their strongest weekly performance since early October amid a renewed return of institutional demand.
According to data from SoSoValue, inflows into spot Bitcoin (BTC) ETFs peaked midweek, with Wednesday recording the largest single-day net inflow of roughly $844 million, followed by $754 million on Tuesday.
Despite late-week pullbacks, including a $395 million outflow on Friday, the sequence of large midweek inflows pushed the weekly total to $1.42 billion, the strongest since early October when the funds attracted $2.7 billion.