Bitcoin ETF breaks 80-day losing streak with bullish BTC inflow
As Bitcoin (BTC) continues to recover, United States spot exchange-traded funds (ETFs) linked to the cryptocurrency have registered record net inflows. The Grayscale Bitcoin Trust ETF (GBTC) has successfully ended its 80-day losing streak , capturing a significant $63 million inflow on May 3. This milestone marks the first net inflow since GBTC’s transformation into a Bitcoin ETF back in January. Recent data from Farside highlights this dramatic shift, with Grayscale’s GBTC securing $63 million in inflows, a stark reversal from the approximately $17.5 billion of outflows it has suffered since the launch of spot Bitcoin ETFs on January 11. Picks for you Opportunity? Here's Bitcoin's 'most optimal buy' entry before parabolic rally 2 mins ago 3 cryptocurrencies to avoid trading this week 45 mins ago MicroStrategy dives into Bitcoin ‘Decentralized ID’; What’s next for MSTR stock? 18 hours ago BTC optimism as institutional investor...