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    ScottMelker@RTB
    ScottMelker@RTB
    Jul 18, 2024, 10:07

    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