Crypto
Bitcoin ETFs Snap Four-Day Slide with $160M Inflow, Ether Funds Also See Strong Gains
U.S. Bitcoin exchange-traded funds (ETFs) rebounded strongly on Monday after four consecutive sessions of redemptions, attracting $160.04 million in inflows.
The majority of this influx was due to Blackrock's IBIT fund, which collected $134.35 million.
Ether ETFs also saw significant gains, with $121.02 million in net inflows led by Blackrock's ETHA and Grayscale's Ether Mini Trust.
XRP and Solana ETFs added to the momentum, drawing $11.26 million and $11.01 million respectively.