US Bitcoin exchange-traded funds (ETFs) experienced five consecutive days of positive inflows, marking a significant streak. Leading the charge was BlackRock's iShares Bitcoin Trust (IBIT), which saw an impressive $184 million in inflows.
The total net inflows for US Bitcoin ETFs amounted to $246 million for the week. This positive streak is noteworthy against the backdrop of slowing outflows from Grayscale's GBTC in recent weeks.
However, not all ETFs experienced positive momentum. Fidelity and ARK/21Shares ETFs faced outflows, demonstrating mixed investor sentiment in the market.
