Bitcoin ETF net inflows hit their highest level since March after CPI was released last week
2024-05-20 15:12:44
According to data from Farside Investors, from May 13 to May 17, the US spot bitcoin ETF achieved a total of $948 million of positive net inflows, the highest level since March. James Butterfill, head of research at CoinShares, pointed out that the vast majority of inflows (over 80%) occurred in the last three days of the week following the CPI announcement.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
