$BTC $ETH Spot Bullish appetite in Bitcoin ETFs: 10 out of 10

The recently increasing bullish appetite has continued the positive streak of spot Bitcoin ETFs. Last week, there was a total net inflow of $1.06 billion into spot Bitcoin ETFs.

The upward price movement continues in the cryptocurrency market. The positive news flow and the impact of spot Etherem ETFs brought altcoins to the fore.

The bullish appetite of crypto investors was also accompanied by corporates. Spot Bitcoin ETFs experienced net inflows on all five trading days of the past week. Total net money inflow series increased to 10 trading days. Record series: Bitcoin's stronghold in the USA is very strong!

Spot Bitcoin ETFs have experienced net inflows for two weeks in a row. BlackRock led the way in the 10-day record series.

Spot Bitcoin ETFs witnessed net inflows of $1.06 billion last week. BlackRock's IBIT constituted $719.35 million of this amount. IBIT increased its total BTC assets to $19.79 billion. Grayscale's GBTC, on the other hand, performed poorly last week. GBTC achieved a net outflow of $20.46 million in the past week. Grayscale's ETF drew zero on three of the five trading days. Another notable ETF product of the week was Fidelity's FBTC. FBTC hosted a net inflow of $227.21 million last week. FBTC increased its BTC holdings to $11.14 billion.

The remaining 8 issuers contributed to the week with a net money inflow of 113.44 million dollars.

All eyes turned to BlackRock in spot Bitcoin ETFs, which started the new week with a 10-day money inflow series. This week, IBIT's performance will determine the course of spot Bitcoin ETFs traded in the US.