{"id":609796,"date":"2024-05-25T15:50:40","date_gmt":"2024-05-25T15:50:40","guid":{"rendered":"https:\/\/wncen.com\/?p=609796"},"modified":"2024-06-11T07:02:18","modified_gmt":"2024-06-11T07:02:18","slug":"bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","title":{"rendered":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows"},"content":{"rendered":"

Ethereum exchange-traded funds<\/a> (ETF) have been the talk of the town – and rightly so – after the United States Securities and Exchange Commission (SEC) approved the listing of the investment products during the week. Meanwhile, the Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.<\/span><\/p>\n

This streak of positive inflows represents a complete shift from previous weeks when investment activity was dangerously low. However, this recent turnaround reflects a rise in investor confidence over the past two weeks.<\/span><\/p>\n

Bitcoin Spot ETF: $252 Million In Net Inflows In One Day<\/strong><\/h2>\n

On Friday, May 24, the US Bitcoin spot ETF market saw another day of positive inflows, marking the 10th consecutive day of significant investment into these funds. According to data from SoSoValue<\/a>, the market recorded a total net inflow of approximately $252 million to close the week.<\/span><\/p>\n

Related Reading: Lido (LDO) Takes The Lead With 13% Surge Post Ethereum ETF Approval \u2013 Key Levels To Watch<\/a><\/div>\n

Breaking this down, BlackRock amassed a substantial percentage of the total daily investment, with the IBIT ETF posting an inflow of $182 million. Grayscale Bitcoin Trust<\/a> (GBTC), on the other hand, did not attract any capital on Friday, ending the week with zero daily outflows and inflow.\u00a0<\/span><\/p>\n

Other ETF issuers, such as Fidelity, Bitwise, and ARK Investment, also witnessed impressive inflows on Friday. Most notably, Fidelity\u2019s FBTC came second to BlackRock\u2019s fund after attracting about $43.7 million on the last day of the week.<\/span><\/p>\n

\"Bitcoin
Source: SoSoValue\/X<\/a><\/figcaption><\/figure>\n

More importantly, this positive inflow day means that the Bitcoin spot ETF market has amassed significant investment every day for the second week in a row. And after the close of Friday\u2019s trading session, the net inflow in the past week stood at an impressive $1.06 billion.<\/span><\/p>\n

This sustained positive trend in terms of capital inflow<\/a> suggests that investor confidence in Bitcoin ETFs might be back at an all-time high. The last time there was a consistent positive capital inflow into these products, the Bitcoin price rose to a new all-time high.<\/span><\/p>\n

With Ethereum spot ETFs on the brink of trading in the US, crypto exchange-trade products seem to be in fashion at the moment. And they might just be the catalyst that the crypto market – particularly Bitcoin – needs to resume what is left of the bull cycle<\/a>.<\/span><\/p>\n

Bitcoin Price At A Glance<\/strong><\/h2>\n

As of this writing, Bitcoin is valued<\/a> at $68,868, ref<\/span>lecting a 2.5% price increase in the last 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by 3% on the weekly timeframe.<\/span><\/p>\n

Related Reading: Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases \u2013 Glassnode<\/a><\/div>\n
\"Bitcoin
Bitcoin price breaks above $69,000 on the daily timeframe | Source: BTCUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from TradingView<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum exchange-traded funds (ETF) have been the talk of the town – and rightly so – after the United States Securities and Exchange Commission (SEC) approved the listing of the investment products during the week. Meanwhile, the Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows. This streak of positive inflows represents a complete shift from previous weeks when investment activity was dangerously low. However, this recent turnaround reflects a rise in investor confidence over the past two weeks. Bitcoin Spot ETF: $252 Million In Net Inflows In One Day On Friday, May 24, the US Bitcoin spot ETF market saw another day of positive inflows, marking the 10th consecutive day of significant investment into these funds. According to data from SoSoValue, the market recorded a total net inflow of approximately $252 million to close the week. Related Reading: Lido (LDO) Takes The Lead With 13% Surge Post Ethereum ETF Approval \u2013 Key Levels To Watch Breaking this down, BlackRock amassed a substantial percentage of the total daily investment, with the IBIT ETF posting an inflow of $182 million. Grayscale Bitcoin Trust (GBTC), on the other hand, did not attract any capital on Friday, ending the week with zero daily outflows and inflow.\u00a0 Other ETF issuers, such as Fidelity, Bitwise, and ARK Investment, also witnessed impressive inflows on Friday. Most notably, Fidelity\u2019s FBTC came second to BlackRock\u2019s fund after attracting about $43.7 million on the last day of the week. More importantly, this positive inflow day means that the Bitcoin spot ETF market has amassed significant investment every day for the second week in a row. And after the close of Friday\u2019s trading session, the net inflow in the past week stood at an impressive $1.06 billion. This sustained positive trend in terms of capital inflow suggests that investor confidence in Bitcoin ETFs might be back at an all-time high. The last time there was a consistent positive capital inflow into these products, the Bitcoin price rose to a new all-time high. With Ethereum spot ETFs on the brink of trading in the US, crypto exchange-trade products seem to be in fashion at the moment. And they might just be the catalyst that the crypto market – particularly Bitcoin – needs to resume what is left of the bull cycle. Bitcoin Price At A Glance As of this writing, Bitcoin is valued at $68,868, reflecting a 2.5% price increase in the last 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by 3% on the weekly timeframe. Related Reading: Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases \u2013 Glassnode Featured image from iStock, chart from TradingView<\/p>\n","protected":false},"author":590,"featured_media":567409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,679,88585,10384,92385],"class_list":["post-609796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price","tag-bitcoin-spot-etfs","tag-ethereum-etf","tag-sosovalue"],"acf":[],"yoast_head":"\nBitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows<\/title>\n<meta name=\"description\" content=\"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-25T15:50:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:02:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853\" \/>\n\t<meta property=\"og:image:width\" content=\"1230\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Opeyemi Sule\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/fwOpeyemi\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Opeyemi Sule\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\"},\"author\":{\"name\":\"Opeyemi Sule\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\"},\"headline\":\"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows\",\"datePublished\":\"2024-05-25T15:50:40+00:00\",\"dateModified\":\"2024-06-11T07:02:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\"},\"wordCount\":482,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853\",\"keywords\":[\"bitcoin\",\"bitcoin price\",\"Bitcoin Spot ETFs\",\"ethereum etf\",\"SoSoValue\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\",\"name\":\"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853\",\"datePublished\":\"2024-05-25T15:50:40+00:00\",\"dateModified\":\"2024-06-11T07:02:18+00:00\",\"description\":\"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853\",\"width\":1230,\"height\":853,\"caption\":\"\u0130stanbul, Turkey - January 17, 2018: A person in a suit, holding a memorial coin of bitcoin on a dark background. Bitcoin is a crypto currency and a worldwide payment system.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8\",\"name\":\"Opeyemi Sule\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g\",\"caption\":\"Opeyemi Sule\"},\"description\":\"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227\",\"https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi\"],\"url\":\"https:\/\/wncen.com\/author\/oluwatosino\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows","description":"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows","og_description":"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.","og_url":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-05-25T15:50:40+00:00","article_modified_time":"2024-06-11T07:02:18+00:00","og_image":[{"width":1230,"height":853,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","type":"image\/jpeg"}],"author":"Opeyemi Sule","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/fwOpeyemi","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Opeyemi Sule","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/"},"author":{"name":"Opeyemi Sule","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8"},"headline":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows","datePublished":"2024-05-25T15:50:40+00:00","dateModified":"2024-06-11T07:02:18+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/"},"wordCount":482,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","keywords":["bitcoin","bitcoin price","Bitcoin Spot ETFs","ethereum etf","SoSoValue"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","url":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","name":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","datePublished":"2024-05-25T15:50:40+00:00","dateModified":"2024-06-11T07:02:18+00:00","description":"The Bitcoin spot ETF market continued its resurgence on one side, marked by a second consecutive week of positive inflows.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","width":1230,"height":853,"caption":"\u0130stanbul, Turkey - January 17, 2018: A person in a suit, holding a memorial coin of bitcoin on a dark background. Bitcoin is a crypto currency and a worldwide payment system."},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/f00d04323451aba53c6c7cca439248b8","name":"Opeyemi Sule","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7504c9f8f2e0b8be7c07a8cf7ed4119?s=96&d=mm&r=g","caption":"Opeyemi Sule"},"description":"Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. \u201cLooking\u201d is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi\u2019s favorite part - in fact, far from it. Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. \u201cThis emphasizes the intricacies of blockchain technology and the cryptocurrency market,\u201d he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger. When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi\u2019s Spotify Daily Mix. Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books - ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K. Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that. Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi\u2019s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings. Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time - he believes that \u201cwhatever is worth doing at all is worth doing well.\u201d Hence, you will always find him striving to be better. Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon - cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment - spreading the crypto gospel to the rest of the world.","sameAs":["https:\/\/www.linkedin.com\/in\/opeyemi-sule-027bb5227","https:\/\/x.com\/https:\/\/twitter.com\/fwOpeyemi"],"url":"https:\/\/wncen.com\/author\/oluwatosino\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows","url":"http:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Opeyemi Sule"}],"creator":["Opeyemi Sule"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","bitcoin spot etfs","ethereum etf","sosovalue"],"dateCreated":"2024-05-25T15:50:40Z","datePublished":"2024-05-25T15:50:40Z","dateModified":"2024-06-11T07:02:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-spot-etf-record-consecutive-weeks-of-inflows-as-investor-confidence-grows\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/iStock-906872048.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/iStock-906872048.jpeg?fit=1230%2C853\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Opeyemi Sule\"}],\"creator\":[\"Opeyemi Sule\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"bitcoin spot etfs\",\"ethereum etf\",\"sosovalue\"],\"dateCreated\":\"2024-05-25T15:50:40Z\",\"datePublished\":\"2024-05-25T15:50:40Z\",\"dateModified\":\"2024-06-11T07:02:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/iStock-906872048.jpeg?fit=1230%2C853","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/609796"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/590"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=609796"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/609796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/567409"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=609796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=609796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=609796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}