US Bitcoin ETFs record strongest inflows

• US spot Bitcoin ETFs recorded their strongest weekly inflows since April.
• Investors added about US$1.03 billion during the week, according to market data.
• The inflows came despite a separate security incident involving Coldcard wallet users.

US spot Bitcoin exchange-traded funds recorded about US$1.03 billion in net inflows last week, according to market data.

The total was the strongest weekly inflow since April and reversed a weaker period for the funds.

Market data showed that several Bitcoin (CRYPTO:BTC) ETFs attracted new investment during the week.

The gains came as reports emerged that some Coldcard wallet users were affected by a phishing attack that led to stolen funds.

The wallet incident was unrelated to the ETF inflows, but it highlighted ongoing security risks for crypto users.

Spot Bitcoin ETFs have attracted strong investor interest since they were approved in the United States earlier this year.

The latest inflow figures suggest institutional demand for Bitcoin exposure remained strong during the week, according to market data.