Crypto
Bitcoin ETF Flows Reverse as US Inflows Reach $32M
US-based Bitcoin ETFs have seen an uptick in inflows after four consecutive sessions of outflows. According to data, these funds took in $32.1M on Wednesday, marking a shift from the previous trend where BTC dipped below $64K.
In contrast, Ether funds saw outflows during this period. The operator noted that follow-through will determine whether this split has any significance in the market.
The development comes as investors continue to assess their risk tolerance and financial circumstances amidst the ongoing cryptocurrency market fluctuations.