The 19-day streak of net inflows for U.S.-listed spot bitcoin exchange-traded funds ended on Monday with a combined $65 million in net outflows.
A record 19-day streak of net inflows in U.S.-listed spot bitcoin exchange-traded funds ended Monday as the products saw a combined $65 million in net outflows, preliminary data shows. The ETFs last reported a net outflow of $84 million on May 10 after a dismal month in April that saw weeks of outflows. Inflows since picked up and saw the products add more than $4 billion in 19 days of trading.
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