US Spot Bitcoin ETFs: $5.89M Inflow Extends Bullish Streak

Analyzing the flow of capital into and out of investment vehicles like exchange-traded funds (ETFs) provides valuable insights into market sentiment and investor behavior. For those following the digital asset space, monitoring US Spot Bitcoin ETF performance is crucial. Recent data indicates a positive trend, with these funds experiencing net inflows for several consecutive days. 5.89 million dollars in capital flowed into U.S. spot Bitcoin ETFs on May 12th. This modest yet significant figure represents the fourth consecutive trading day where more capital flowed into these funds than exited them. This recent streak follows a period of volatility in flows, highlighting its significance. While the overall number is positive, specific fund performance reveals some notable differences.