#XRPETF According to data from SosoValue, these exchange products have recorded a capital flow of 3.06 billion USD as of April 26, marking the first consecutive growth since the end of March.
This growth is in stark contrast to the stronger capital outflow of 713.3 million USD that occurred in early April.
The capital flow of 172.69 million USD in the following week indicates a significant shift in investor sentiment.
Previously, the last time the U.S. Bitcoin ETF received consecutive capital inflows was in the week ending March 28, with 196.48 million USD.
The current momentum not only reflects renewed confidence in Bitcoin-focused investment vehicles but may also lay the groundwork for a broader market recovery.
The inflow into the Bitcoin ETF seems to reflect an overall optimistic sentiment in the cryptocurrency market.