Bitcoin ETFs Record Fourth Consecutive Day of Inflows, Adding $550M

Spot bitcoin (BTC) exchange-traded funds (ETFs) in the ￰0￱ $552.78 million on Thursday, their fourth consecutive day of inflows. That's the longest run since Aug. 28 and the joint-longest since the seven days ended Aug. 14, which coincided with bitcoin's ascent to an all-time high of over $123,000. Wednesday's $757.14 million net inflow was the largest for a single day since July 16, according to data tracked by ￰1￱ ether (ETH) ETFs are also enjoying a run of ￰2￱ marked a third straight day, and followed six consecutive days of outflows during which more than $1 billion was ￰3￱ the underlying assets experienced rallies in the latter half of the week, benefiting from expectations of an interest-rate cut by the ￰4￱ Reserve on ￰5￱ has risen nearly 3.2% in three days to sit just above $115,000, according to CoinDesk ￰6￱ has climbed about 5% in to reclaim the $4,500 mark.