Breaking: Bitcoin ETFs Saw $1.7B Net Inflow Last Week, Bloomberg Analyst Hints At Fall

Spot Bitcoin ETFs net flows were negative on Friday despite significant inflows recorded by BlackRock, Fidelity, Bitwise, and Ark 21Shares Bitcoin exchange-traded funds (ETFs). The Genesis and Gemini situation took a toll on the Bitcoin ETF net flows as GBTC outflow rate grew in the last few days. However, the week was great for Bitcoin ETFs with a $1.7 billion net inflow.