Investors Show Interest in Bitcoin ETFs

Net Inflows in Bitcoin ETFs

In the United States, spot Bitcoin Exchange Traded Funds (ETFs) have recorded a net inflow of $561.8 million, the highest level since January 14. This development indicates that investors are in pursuit of opportunities.

Spot Bitcoin is currently trading at approximately %40 below its all-time high reached in October. However, U.S. ETFs hold about 1.3 million BTC, only %5 away from peak levels.

It is noted that the average cost basis of U.S. ETFs is trading at $84,099, while the current spot price is around $78,000.