Bitcoin exchange-traded funds (ETFs) record the longest streak of daily inflows!

Bitcoin exchange-traded funds (ETFs) in the United States have experienced an unprecedented surge in inflows, surpassing $6.7 billion over 15 consecutive days. Starting from November 27, these funds have recorded their longest streak of daily inflows, attracting approximately $275.39 million per day as of December 18.

The inflows continued to climb, reaching a peak on December 5, with a record-setting $766.66 million in inflows. This remarkable growth can primarily be attributed to the sharp increase in Bitcoin’s price, which broke through the $100,000 mark for the first time, fueling heightened trading activity.

Additionally, the total assets in Bitcoin ETFs have risen significantly, increasing from $104.32 billion to $115.78 billion, reflecting growing investor interest in this investment vehicle.

This record surge in Bitcoin fund inflows has been driven by several factors, including escalating geopolitical tensions and the unexpected victory of former U.S. President Donald Trump in the 2024 presidential election, both of which have helped strengthen Bitcoin’s appeal as a leading investment asset.

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