US Bitcoin ETFs Post Longest Run of Inflows as Token Nears Record
- Batch of funds achieved 18 straight days of net subscriptions
- Cryptocurrencies pare gains as report shows US payroll gains
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US exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.
Net subscriptions for the group of almost a dozen products stood at $15.6 billion through Thursday following a Jan. 11 launch, taking total assets to $62.3 billion, according to data compiled by Bloomberg.