Bitcoin ETFs Reach $3.1 Billion Inflow Milestone Amid Crude Price Rise
Bitcoin exchange-traded funds (ETFs) have continued their streak of net inflows, reaching $3.1 billion in just nine trading days.
According to data from SoSoValue, Bitcoin ETFs attracted a total of $66.2 million on Tuesday, bringing the year-to-date net inflows to around $1 billion.
However, this positive trend was not seen across all altcoins. Spot Ether ETFs posted net outflows of roughly $3 million on Tuesday, ending their seven-day streak of inflows and reducing cumulative net inflows to about $14 billion.
Zcash ETFs also saw a reversal, snapping a six-day inflow streak with $8 million in net outflows on Monday.