U.S. Spot Bitcoin ETFs Net $2.4 Billion in New Money Over the Past Month

The U.S. spot bitcoin ETF has seen 15 consecutive trading days of net inflows as of yesterday after a period of flat or even negative inflows. It has attracted about $2.4 billion in new money over the past month, the third largest net inflow in the entire ETF market. Since May 16, net inflows have averaged $140 million per day, driven primarily by IBIT, which has attracted $1.1 billion over that period, the strongest performance among the ten funds.