Bitcoin ETF Inflows Bounce Back Amid Market Volatility

Bitcoin ETF inflows have rebounded after four straight sessions of outflows, despite Bitcoin dipping below $64,000. On Wednesday, US-listed spot Bitcoin exchange-traded funds (ETFs) recorded a net inflow of $32.1 million.

This marks the end of a streak that saw more than $500 million in combined outflows over four trading sessions. Despite the brief dip to around $63,300 during US trading hours, Bitcoin ETFs have now seen net inflows of $204.7 million so far this month and cumulative net inflows of $51.36 billion.

However, the recovery was not mirrored in the spot Ether ETFs, which logged a net outflow of $18.65 million on Wednesday. Despite this daily decline, spot Ether ETFs have attracted a significant amount of investment, with $342.9 million in net inflows so far this month.