Krutika Adani
After a period of slow growth, Bitcoin ETFs now see consistent large inflows. The latest inflow of $184.2 million marks a series of consistent inflows.
Except for four to five days of minimal outflows, the month largely saw net inflows into Bitcoin ETFs.
A large Fed rate cut, lowering interest rates, rise in investor confidence and the possibility of a crypto-friendly regime in the US have led to an increased demand for Bitcoin ETFs.
Keeping aside a single day of net inflow, Grayscale Bitcoin ETF remains a net loser, losing over $20 billion in outflows since launch.
With lower interest rates and ample liquidity, we may see crypto ETFs gaining even more in the future.