Spot bitcoin ETF inflows turn positive for year, Nate Geraci notes

Spot bitcoin ETF inflows turn positive for year, Nate Geraci notes
Spot bitcoin ETF inflows now positive

Nate Geraci highlights that spot bitcoin exchange-traded funds (ETFs) have attracted $5.3 billion in inflows since the U.S. Treasury Department announced plans to increase buybacks of long-dated bonds.

According to Geraci, last week alone accounted for $2.4 billion, with Monday's $1 billion inflow being the ninth largest ever. Geraci adds that inflows for the year have now turned positive after being in a $5.7 billion deficit back in July.

Earlier this year, Nate Geraci reported on State Street's launch of the SPDR UC Investments 90/10 Endowment Strategy Index ETF, which debuted with $2.5 billion, marking the largest seeded ETF to date (link). Geraci has also engaged the crypto community for concise perspectives on the investment case for and against XRP (link). These contributions reflect Geraci's ongoing focus on both traditional and digital asset markets.

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