Crypto Market Sees Mixed Signals with Bitcoin and XRP Inflows
Crypto ETF news today shows a mixed picture, with Bitcoin and XRP funds experiencing inflows after a slow start to October.
Ethereum and Solana ETFs, however, are still in the red, with outflows of $55.37 million and $5.91 million respectively on October 1.
BlackRock led the way in Bitcoin ETF inflows, pouring in $195.57 million, followed by Grayscale at $14.59 million and Morgan Stanley at $7.04 million.
Citi has raised its 12-month Bitcoin target to $113,000 from $82,000, citing faster crypto activity, a friendlier economy, and resuming ETF inflows.