Bitcoin ETF Inflows Slow Amid Stalled Price Action

US-listed spot Bitcoin exchange-traded funds (ETFs) attracted $232.1 million in net inflows on Wednesday, a slowdown from the previous day's $314.4 million and marking an eight-session streak.

The latest inflow was down about 26% from Tuesday's figure, making it the smallest daily total since August 18th.

This brings the cumulative net inflows to $54.6 billion, with total net assets reaching $98.6 billion.

Bitcoin's price has stalled after briefly climbing above $80,000 on Tuesday, trading at about $78,759 at publishing time, down 0.3% over the past 24 hours.