Spot Bitcoin ETFs have seen a positive trend with 10 consecutive days of inflows, despite experiencing difficulties at the end of April and on May 1. This comes as Bitcoin's price heads towards $69,000, following a rollercoaster ride driven by news surrounding Ethereum ETFs.

The cryptocurrency industry marked a significant milestone in January when the US Securities and Exchange Commission approved nearly a dozen spot Bitcoin ETFs, attracting billions of dollars within the first few months. However, the trend changed in April with several days of outflows, the most significant being on May 1 with over $560 million withdrawn.

The tide turned again in the following weeks, particularly after favorable data from the US CPI numbers for April. Since May 10, the financial products have been on an impressive streak, matching the 10-day record of inflows from March.

BlackRock's IBIT leads in terms of inflows, attracting over $16.35 billion, with the possibility of surpassing Grayscale's $20 billion in the near future. In total, all ETFs have seen close to $13.7 billion in inflows.

Meanwhile, Ethereum fans have seen positive developments as the US SEC approved eight spot ETH ETFs. The launch date, however, remains uncertain. Bitcoin's price responded with high volatility to the Ethereum news, but the past 24 hours have been more positive, possibly driven by the impressive inflows.