Bitcoin ETF with second consecutive day of positive inflows

The latest data from Farside shows a revival in the spot Bitcoin exchange-traded fund (ETF) sector with inflows of $21.4 million on June 26, marking the second straight day of inflows.

Fidelity's FBTC led the way with inflows of $18.6 million, while Grayscale's GBTC saw inflows of just $4.3 million and VanEck's HODL $3.4 million.

This is quite positive news, considering that during the week beginning June 17 and ending June 21, the US Bitcoin ETF registered outflow of $544.1 million.

However, the outflow streak did not stop there as on June 24, the products witnessed a total outflow of $174.5 million.

This trend could suggest that BTC is stabilizing around the $60,000 mark, which could potentially signal the end of the current correction at Bitcoin .