Slowdown Hits Bitcoin ETF Inflows Amid BTC Price Stall
Bitcoin ETF inflows slowed down significantly on Wednesday, drawing in only $232.1 million, a decline of about 26% from Tuesday's $314.4 million.
This marks the smallest daily total since August 18 and comes as Bitcoin has stalled at around $78,759 after briefly climbing above $80,000 on Tuesday.
Despite this slowdown, US spot Bitcoin ETFs have still attracted a cumulative net inflow of about $54.6 billion, with total net assets reaching $98.6 billion.