According to CoinMeta, Bitwise Bitcoin ETF ( BITB ) recorded a net capital inflow of $16.15 million in the past week. The asset management company immediately used these funds to purchase 250 bitcoins in the spot market, resulting in the fund's total holdings increasing to 36,868 bitcoins and its net assets reaching $2.38 billion. Bitwise CEO Hunter Horsley expressed happiness to see investors repurchasing bitcoins, but also emphasized the necessity of legal compliance, reminding investors of the associated risks. This capital inflow occurred against the backdrop of smaller competitive products being shut down, with investors shifting their funds to larger, compliant funds.