1018 ET - Bitcoin and the cryptocurrency space have been pressured by negative momentum for the past month, as investors look to equity markets for gains on AI stocks while paring risk in other categories. But the news isn't all dreary for bitcoin. According to data from CoinGlass, BTC ETFs recorded a net inflow Thursday, adding $3.2 million. It's a small net inflow, compared to a net outflow of $1.4 billion in the prior three days. But while ETFs have been pulling out for weeks, other entities are still adding bitcoin. In a note, analysts with CoinShares say that banks and governments continued to add bitcoin in 1Q, while hedge funds pulled back. Bitcoin is down 2.9% to $61,778. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
June 05, 2026 10:18 ET (14:18 GMT)
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