Bitcoin ETF Inflows Rebound Amid Spot Price Volatility
Bitcoin ETF inflows rebounded on Wednesday after four straight sessions of outflows. Despite Bitcoin dipping below $64,000, US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $32.1 million in net inflows.
This marks the end of a four-session streak where spot Bitcoin ETFs posted more than $500 million in combined outflows. The current week has seen net outflows of $29.29 million, while monthly net inflows have reached $204.7 million.
Cumulative net inflows across the funds stand at $51.36 billion.
On the other hand, US-listed spot Ether ETFs logged net outflows of $18.65 million on Wednesday. However, this comes after attracting a significant amount of capital, with $342.9 million in net inflows so far this month.