US Spot Bitcoin ETFs Attract Over $1B in Net Inflows Despite Bearish Market Sentiment

US spot Bitcoin exchange-traded funds (ETFs) have attracted over $1 billion in net inflows over the last week despite the bearish sentiment across the crypto markets

Key Takeaways:

- US spot Bitcoin ETFs saw a net inflow of over $1 billion in the past week.

- The Crypto Fear and Greed Index dropped to 25 on Friday, indicating “extreme fear.”

- Despite the bearish sentiment, Bitcoin managed to cross the $60,000 mark on Friday.

- BlackRock's IBIT ETF led the inflows with $120 million on Friday.

- The last time US Bitcoin ETFs saw inflows of over $310 million was on June 5.

The above is the detailed content of US Spot Bitcoin ETFs Attract Over $1B in Net Inflows Despite Bearish Market Sentiment. For more information, please follow other related articles on the PHP Chinese website!