
US Spot Bitcoin ETFs have had a 9 day streak of inflows, from July 5 to July 17, totaling around $1.97B.
This marks the longest streak since a 19-day inflow period between May and June.
Analysts say some of the key factors driving this positive trend include post-halving supply shortages, the upcoming launch of spot ETH ETFs, and potential Fed rate cuts.
The recent price rebound of BTC has further bolstered investor interest, with the largest single-day inflow of $422.6M recorded on Tuesday.
Source: Decrypt