
Bitcoin ETFs have experienced significant net inflows in the past 30 days, despite market volatility caused by Mt. Gox unlocks. Over the past week alone, digital asset investment products saw inflows totaling $441 million. Specifically, Bitcoin spot ETFs recorded net inflows of $238 million, even with a holiday pullback. Bloomberg ETF Analyst Eric Balchunas indicated that the launch of new Bitcoin ETFs is still on track for this month. The recent price weakness, influenced by Mt. Gox and the German government's selling pressure, appears to have been perceived as a buying opportunity by investors. Bitcoin ETF inflows flipped positive last week as over $441 million flowed in.
JUST IN: DIGITAL ASSET INVESTMENT PRODUCTS ATTRACTED $441M IN NET INFLOWS LAST WEEK
Bitcoin ETF inflows flipped positive last week as over $441m flowed in. Hopefully the momentum remains this week. https://t.co/9u5VDFJp0v
Digital asset investment products saw inflows totalling $441m, with recent price weakness prompted by Mt Gox and the German government selling pressure likely being seen as a buying opportunity. https://t.co/4hXGXVe3pz
