Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.
The 13 US-listed funds drew in a net $1.92 billion, the most since early October last year, according to data compiled by Bloomberg. The inflow came as Bitcoin gained about 23% last week, its biggest weekly increase in more than three years. It was trading around $77,000 at noon Monday in Singapore.