Bitcoin ETFs see cash rush as traders hunt bargains

Investors poured cash into the U.S.-listed bitcoin (BTC) ETFs Monday, proving Wall Street still loves the cryptocurrency despite the recent price turmoil. The 11 ETFs recorded a total net inflow of $561.8 million, the largest single day buying since Jan. 14, according to data source Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led the buying, posting inflows of $142 million and $153.3 million, respectively, pointing to sustained demand even as price momentum weakened. ...