The U.S. spot Bitcoin (BTC) ETFs have recorded its one of the largest inflow streak of 11 days accumulating over $4.8 billion, from 27 November to December 12.
As Bitcoin price hit $100,000 last week, Bitcoin ETFs have gained significant traction and increased trading activity. This attention has led total net assets in Bitcoin ETFs from $104.32 billion to $112.55 billion.
Data from Sosovalue shows that the largest daily inflow during this streak period was $766.66 million, recorded on December 5, same day when Bitcoin price broke above $100,000 for the first time.
The increased geopolitical tension and Donald Trump’s win in the presidential election has pushed Bitcoin price to new highs. Since its launch in January 2024, spot Bitcoin ETFs have also played a key role in widening Bitcoin adoption among traditional investors.
Recently, BlackRock’s Bitcoin ETF accumulated over 500,000 BTC with it being the largest traded ETF among 11 others. This suggests that Bitcoin is becoming increasingly popular among Wall Street investors.
