Crypto
Bitcoin ETFs Snap Inflow Streak with $225 Million Outflows
US-listed spot Bitcoin ETFs have ended their seven-session inflow streak, recording $225.2 million in net outflows on Thursday. This comes after attracting nearly $1 billion in net inflows over the last week, according to SoSoValue.
The funds had still managed to attract about $274 million in net inflows this week as of Thursday, despite the outflows. Bitcoin's price briefly dipped below $65,000 on Thursday, falling as low as $64,600 before recovering to $65,403, according to CoinGecko.
The Crypto Fear & Greed Index also weakened, falling 3 points to 28 and remaining in 'fear' territory. In contrast, US-listed spot Ether ETFs continued their inflow streak, attracting a net $26.3 million on Thursday.