PANews reported on April 26 that according to Cointelegraph, data showed that on April 25, 11 US spot Bitcoin ETFs recorded a total net inflow of US$380 million, pushing the cumulative net inflow this week to about US$3.0 billion, achieving five consecutive trading days of net inflows, and the first full week of continuous net inflows since March 21. Eric Balchunas, senior ETF analyst at Bloomberg, said that the rapid inflow of funds is remarkable, which may be related to the re-activation of "basis trading". As a result, the total net inflow of spot Bitcoin ETFs in April has reached about US$2.26 billion, reversing the previous monthly outflow trend.