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US Spot Bitcoin ETFs Reach New Peak Following Six-Day Inflow Surge

  • US spot Bitcoin ETFs have recorded over $2 billion in inflows over the past week, marking their best performance since March.
  • The total net asset value of US spot Bitcoin ETFs reached a historic high of over $66.1 billion, surpassing the previous peak in June.
  • A recent rise in Bitcoin's price has contributed to the surge in inflows, with the total value of Bitcoin held by these funds increasing by roughly $11 billion.
  • The SEC granted 'accelerated approval' for options trading on several Bitcoin ETFs, potentially boosting liquidity and attracting more participants into the market.

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