Crypto
Bitcoin ETF Inflows Resume as Ether Funds See Outflows
US-listed spot Bitcoin exchange-traded funds (ETFs) have seen an end to their four-session outflow streak, recording $32.1 million in net inflows on Wednesday. This comes despite Bitcoin dipping below $64,000 during US trading hours.
The inflows are a welcome change for the funds, which had posted more than $500 million in combined outflows over the previous four sessions. The monthly net inflows have reached $204.7 million, with cumulative net inflows standing at $51.36 billion so far.
However, not all is well in the crypto market, as US-listed spot Ether ETFs logged net outflows of $18.65 million on Wednesday. Despite this, spot Ether ETFs have attracted $342.9 million in net inflows so far this month.