Spot Bitcoin ETFs add $167M, nearly erase last week’s outflows

Spot Bitcoin ETFs add $167M, nearly erase last week’s outflows

Spot Bitcoin ETFs posted $311 million inflows this week, nearly offsetting last week’s $318 million outflows, even as BTC fell 13%.

US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to three sessions, with this week’s gains nearly offsetting last week’s outflows.

Spot Bitcoin (BTC) ETFs recorded $166.6 million in inflows on Tuesday, bringing total inflows this week to $311.6 million, according to data from SoSoValue.

Last week, the funds saw net outflows of $318 million, marking three consecutive weeks of losses totaling more than $3 billion.

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