Bitcoin ETFs Surge with $240 Million Inflows After Six-Day Outflow Streak

A positive turnaround has been observed in the Bitcoin ETF market, recording significant inflows of $240 million after a six-day period of outflows. This shift is creating optimism among traders who anticipate a potential recovery for Bitcoin’s price. The inflows are being attributed to several factors: expanding decentralized finance (DeFi) applications and growing institutional investment interest.