Nine new spot Bitcoin funds began trading in the US on Jan 11 and have attracted more than US$9 billion of investor inflows so far.
Bitcoin is flirting with a winning run last seen a year ago, aided by the record-breaking debut of US exchange-traded funds for the token.
The digital asset rose about 1% to US$48,436 ($65,142.55) as of 9.50am on Feb 12 in Singapore, poised for a seventh straight daily gain that would mark the longest such streak since January 2023 if the advance holds, data compiled by Bloomberg show.
