Investors are anticipating the imminent SEC approval of the first spot bitcoin ETFs.
The inflows are being fueled by expectations that the SEC will approve the first U.S. spot bitcoin ETF.
The largest cryptocurrency's price rebounded to $35,000, the highest level in about 18 months.
The SEC rejected the firm's bid to convert its bitcoin trust into an ETF. That led to a fight.
Both Binance and Kraken saw outflows of users' funds in the wake of regulatory concerns over the two platforms.
Energy costs and competition have led to some miners going bankrupt.
Bitcoin continues to perform as if it were a high-beta technology stock.
Billionaire Mike Novogratz said the company is looking to shift its retail customers into digital assets.
Many bitcoin miners are deeply in the red this year.
Bitcoin ETPs have seen net outflows of 18,315 coins as of June 21.