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Bitcoin ETFs Add $550M in 2 Days as Ether Outflows Persist

Bitcoin ETFs Add $550M in 2 Days as Ether Outflows Persist
Photo: Bitcoin.com News

BTC when published $83,330Now $80,595 ▼ −3.28% since it was published

U.S. bitcoin ETFs attracted another $23.16 million on Tuesday, keeping the week firmly positive after Monday’s $526.60 million surge. Ether remained under pressure, while solana extended its losing streak to 12 sessions. Monday’s flood of bitcoin money became a trickle on Tuesday. The important part was that it remained positive. Bitcoin exchange-traded funds (ETFs) added $23.16 million, lifting inflows across the first two sessions of the week to roughly $550 million. Blackrock’s IBIT attracted $29.86 million, while Fidelity’s FBTC added $3.58 million. Bitwise’s BITB shed $10.29 million. Trading value reached $1.92 billion, with net assets closing at $106.28 billion. The sharp slowdown from Monday’s $526.60 million inflow suggests the market has moved beyond the initial burst of repositioning.

First reported by Bitcoin.com News. This page is a short excerpt; the full text is theirs.

Read the full story at Bitcoin.com News (opens in a new tab)

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