Bitcoin ETFs See Strongest Performance Since October

Bitcoin spot exchange-traded funds (ETFs) have been experiencing a significant surge in inflows, with a total of $2.4 billion being added over the past eight days. This marks the strongest performance across multiple timeframes since the late September-early October nine-day streak, when roughly $5.33 billion was pulled into the products.

The current streak has seen a total of $223.2 million in net inflows on Thursday alone, signaling strong demand for these investment products as the crypto market recovers. Analysts believe that sustained institutional demand is building again for these ETFs, with some noting that they are 'back in the high life'.