Bitcoin ETFs Extend Inflow Streak to Five Days, Longest Since May

US spot Bitcoin ETFs have now pulled in money for five straight trading days, their longest stretch of consecutive inflows in nearly three months.

Inflows Pick Up Pace

Bitcoin ETFs brought in $226.9 million on Monday alone, the biggest single day haul since July 6. That pushed total inflows over the five-day run to about $727.3 million, according to data from SoSoValue. This marks the longest winning streak since a six-day run that lasted from April 30 through May 5. The recent buying has also trimmed this year’s overall net outflows for these funds to below $5 billion.

Bitcoin traded at $66,179 at the time of publication, up 3.6% over the past 24 hours.Bitcoin would need to break through and hold above the $67,000 to $69,500 range for a more lasting uptrend to take shape.