Bitcoin ETF Inflows Slow as Market Remains in 'Greed' Territory

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

The eight-day streak of consecutive daily inflows has now drawn about $2.8 billion and reduced year-to-date net outflows to around $2.03 billion.

Cumulative net inflows have risen to $54.6 billion, while total net assets reached $98.6 billion.

Despite the slowdown in Bitcoin ETF inflows, the crypto market sentiment strengthened on Thursday, with the Crypto Fear & Greed Index rising to 71 from 65 a day earlier and remaining in 'Greed' territory.