Bitcoin ETFs Snap Six-Day Negative Streak as Dip Buyers Return

U.S. spot Bitcoin exchange-traded funds recorded nearly $240 million in net inflows Thursday, breaking a brutal six-day stretch that saw investors yank more than $2 billion from the products. The inflows were led by BlackRock’s IBIT ($112.4 million), Fidelity’s FBTC ($61.6 million), and Ark 21Shares’ ARKB ($60.4 million), according to Farside Investors data, offering a brief reprieve after one of the worst redemption weeks since the funds launched in January. The collective turnaround follows a punishing ...