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Bitcoin ETF inflows hit $471M, highest since late February

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 107 Views

Bitcoin ETF inflows hit $471M, highest since late February

Spot Bitcoin ETFs draw $471 million in their strongest daily inflow in weeks, while Ether funds return to gains despite cautious sentiment.

US-listed spot Bitcoin exchange-traded funds (ETFs) have renewed the pace of inflows, recording their largest daily flows in weeks.

Spot Bitcoin (BTC) ETFs posted $471 million in inflows on Monday, the largest daily inflow since Feb. 25, when the funds attracted $507 million, according to SoSoValue.

The inflows came as the Bitcoin price briefly approached $70,000 before retreating below $69,000, according to CoinGecko data.

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