US Bitcoin ETFs record first back-to-back $1B inflows

INSUBCONTINENT EXCLUSIVE:
US-based spot Bitcoin ETFs recorded over $1 billion in daily inflows for the second consecutive day on Friday, marking the first time since
into Bitcoin ETFs across the ATH weekNovaDius Wealth Management president Nate Geraci said in an X post that since the January 2024 launch,
there have been only seven inflow days exceeding $1 billion, two of which occurred in the past two days
Before that, the last was on Jan
17, with $1.07 billion.Bitcoin is up 8.85% over the past seven days
Source: CoinMarketCapThe $1.17 billion inflow on Thursday was their second-largest daily inflow since inception, behind only the $1.37
billion recorded on Nov
7, 2024, when Donald Trump won the US presidential election
Bitwise Invest chief investment officer Matt Hougan said in a Friday post that while the Bitcoin network produced about 450 Bitcoins on
Thursday
S&P 500 is down in Bitcoin termsIt was recently reported that BlackRock now earns more revenue from its IBIT fund than its flagship S&P 500
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