Bitcoin ETFs Witness $1B Inflows as BTC Surges Above $102K

Bitcoin ETFs Witness $1B Inflows as BTC Surges Above $102K

On January 6, spot Bitcoin exchange-traded funds (ETFs) in the US saw inflows of about $1 billion, propelled by the cryptocurrency's surge above the $102,000 threshold. According to data from SoSoValue, 12 spot Bitcoin ETFs brought in a total of $987.06 million in a single day, which is the second day in a row that they have had substantial inflows. The funds accumulated a remarkable $1.89 billion over the course of two days, indicating a resurg...

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