Bitcoin ETF Inflows Resume as Ether Funds Slip
US-listed spot Bitcoin exchange-traded funds (ETFs) have regained their footing after experiencing four consecutive days of outflows, reporting $32.1 million in net inflows on Wednesday.
The turnaround comes despite the cryptocurrency briefly dipping to around $63,300 during US trading hours. However, even at its lowest point, spot Bitcoin ETFs have attracted a cumulative $51.36 billion in net inflows so far this year.
In contrast, US-listed spot Ether ETFs saw net outflows of $18.65 million on the same day, but still recorded a notable $342.9 million in monthly net inflows, surpassing the $204.7 million seen by spot Bitcoin ETFs.