The Business & Technology Network
Helping Business Interpret and Use Technology
«  
  »
S M T W T F S
 
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
 
 
 
 
 
 

Bitcoin ETFs Achieve Record 18-Day Streak with $218M Inflow

The post Bitcoin ETFs Achieve Record 18-Day Streak with $218M Inflow appeared first on Coinpedia Fintech News

The Bitcoin ETFs recorded substantial gains today with a net inflow of $218 million, marking the longest streak of consecutive gains ever in the crypto market. This 18-day record-breaking streak since its launch highlights the growing investor confidence in Bitcoin, which has also partly contributed to the rally in BTC’s price. BlackRock recorded a remarkable single-day inflow of $350 million, reflecting the highest level of investment in the last two months for IBIT. Despite the positive overall market sentiment, GBTC and ARKB experienced outflows of $37.6 million and $96.6 million, respectively.