Bitcoin ETFs Record Fourth Consecutive Day of Inflows
Bitcoin ETFs in the U.S. added $552.78 million on Thursday, marking their fourth consecutive day of inflows. This streak matches a previous run from August 28 and is the longest since a seven-day inflow period that ended on August 14, coinciding with Bitcoin's rise to over $123,000. Wednesday saw a significant single-day inflow of $757.14 million, the largest since July 16. Additionally, spot ether (ETH) ETFs experienced a three-day inflow run, recovering from prior days of outflows that totaled over $1 billion. As of now, Bitcoin is trading just above $115,000, having increased by approximately 3.2% in three days, while ether has reclaimed the $4,500 mark. The recent recovery in inflows is attributed to market reactions following economic developments, including the anticipated actions by the U.S. Federal Reserve.
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