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Crypto

Bitcoin, Ethereum, and Solana ETFs See Surge in Inflows

Guavy AI Editorial Team
Instruments
BTC ETH SOL
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On August 4, spot ETFs for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw significant net inflows. Bitcoin spot ETFs reported $211.49 million in inflows, while Ethereum and Solana saw inflows of $53.75 million and $1 million respectively.

This development is notable given the current market conditions, with many observing these inflows as indicative of increased investor interest in the assets.

Market pricing also suggests robust confidence that Bitcoin's price will remain above key thresholds, with a 99.9% YES pricing for Bitcoin to be above $56,000 on August 5.

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