Or due to the reactivation of "basis trading", spot Bitcoin ETFs have attracted over $3 billion in gold in a single week

According to Cointelegraph, data shows that on April 25th, 11 spot Bitcoin ETFs in the United States recorded a net inflow of $380 million, pushing the cumulative net inflow this week to about 30% Billion US dollars, achieving a net inflow of funds for five consecutive trading days, and also marking the first complete week of continuous net inflow since March 21st. Bloomberg senior ETF analyst Eric Balchunas said that the remarkable speed of fund inflows may be related to the reactivation of "basis trading", which has driven the net inflow of spot Bitcoin ETFs in April to about $2.26 billion, reversing the previous monthly trend of fund outflows.