Perhaps due to the resurgence of “basis trading”, spot Bitcoin ETF attracted more than $3 billion in a single week

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PANews
04-26
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PANews reported on April 26 that according to Cointelegraph, data shows that on April 25, the 11 US spot Bitcoin ETFs recorded a net inflow of $380 million, driving the cumulative net inflow this week to approximately $3 billion. This marks five consecutive trading days of net capital inflows and the first complete week of consecutive net inflows since March 21. Bloomberg senior ETF analyst Eric Balchunas stated that the speed of capital inflow is remarkable and may be related to the reactivation of "basis trading". Driven by this, the total net inflow of spot Bitcoin ETFs in April has reached approximately $2.26 billion, reversing the previous trend of monthly capital outflows.

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