Bitcoin ETF Witness $405 Mln Inflow Amid BTC Price Rally To $48K

Bitcoin’s rise beyond $47,000 and nearing $48,000 corresponds with a notable $405 million inflow into the U.S. Spot Bitcoin ETF on February 8, as reported by BitMEX Research. This surge in funds, the largest of the week, aligns with the current Bitcoin price rally, piquing interest and speculation among investors and enthusiasts.