Bitcoin ETFs Swing from $5.8B Net Outflows to $800M Net Inflows in 2024

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U.S. Bitcoin exchange-traded funds have staged a significant financial turnaround in 2024. Earlier in July, these ETFs were collectively sitting at $5.8 billion in net outflows for the year. Since then, investor sentiment has shifted considerably, pushing the funds into positive territory. The cumulative net position has now reversed to $800 million in net inflows, representing a total swing of approximately $6.6 billion.

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