US Spot Bitcoin ETFs Witness Significant Influx of $1.1 Billion in Three Days

US spot Bitcoin ETFs have seen significant net inflows of $1.1 billion over the past three days, marking their strongest performance in six weeks.

The influx of funds into these ETFs coincides with a rebound in the Coinbase Premium Index, which tracks the price difference between bitcoin on Coinbase and the global market. This index has been in negative territory for 40 days before turning positive.

Data from Checkonchain shows that total bitcoin holdings across US spot ETFs have climbed to 1.29 million BTC, with assets under management (AUM) less than 10% below their October peak.