$479M Spot Bitcoin ETF Inflows Fuel Eight-Day Streak on Dec 9 📈

On December 9, Spot Bitcoin ETF inflows reached an impressive $479 million, marking a continuous eight-day streak of positive performance in the cryptocurrency market. This surge demonstrates growing investor interest in Bitcoin ETFs, reflecting confidence in the digital asset market.

BlackRock’s IBIT emerged as the frontrunner, leading with a significant daily inflow of $394 million. This substantial contribution played a crucial role in the ETF market, highlighting the firm's dominant position in capital allocation towards Bitcoin ETFs.

Altogether, the total inflows have accumulated to an astonishing $34.76 billion, underscoring the scale and impact of these financial movements. The consistent inflow signals robust market dynamics, suggesting a bullish sentiment among investors towards Bitcoin.