Bitcoin ETFs attract $273 million after 8 weeks of outflows: Here’s what it means for investors
US-listed spot Bitcoin ETFs have received about $273 million in fresh investor money over the last two weeks, according to data from SoSoValue. This is important because it ends an eight-week period when investors kept pulling money out of Bitcoin ETFs. During those eight weeks, investors withdrew more than $8 billion from Bitcoin ETFs.
In the first week of the recovery, Bitcoin ETFs received about $197.4 million in new investments, according to SoSoValue data.
