US SEC Reports Net Inflow of $23.5M in Bitcoin Spot ETFs

The US Securities and Exchange Commission has provided an update on the performance of Bitcoin spot ETFs in April.

According to data from Moomoo, these exchange-traded funds recorded a net inflow of $23.5 million on April 30.

This influx of capital into Bitcoin spot ETFs suggests that investors are increasingly looking to diversify their portfolios by adding cryptocurrency-related financial products.